Warner Bros. Among Potential THQ Buyers
Five “strategic buyers” are reportedly performing “active due diligence” on THQ. According to Distressed Debt Investing, who attended a hearing today at a U.S. Bankruptcy Court in Delaware, five buyers are interested, including Warner Bros.
On its Twitter account, Distressed Debt Investing reports that Sam Greene of Centerview Partners (THQ’s banker) testified that five “strategic buyers” are “in active due diligence in THQ.” DDI adds that the five buyers “are interested in individual titles” rather than buying THQ outright, but that Clearlake Capital (the financial firm that is awaiting approval to buy THQ) has said that isn’t allowed.
Originally written and published by at IGN PS3. Click here to read the original story.
