2012-12-19 · News long anticipated arrived Wednesday, with the announcement that THQ Inc and its subsidiaries have filed voluntary petitions for bankruptcy under Chapter 11 of the US Bankruptcy Court for the
There will be an auction for THQ’s assets on 22 January, in which piecemeal bids on a “title by title” basis will be allowed. THQ had hoped to avoid this with its proposal for a swift sale
Bids for the second auction were accepted until April 15. The first auction took place in January. Nordic Games was the big winner in the most recent auction. When THQ filed for bankruptcy late last year, the United States Bankruptcy Court of Delaware ordered the company to place their assets up for auction.
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THQ's bankruptcy procedure states that it's accepting offers until January 9 and that a sale is going to be confirmed on January 10. Considering these two new objections, the whole process might
THQ has announced plans to sell off its remaining IP in an auction to end by May. 2013-01-23 · In December, THQ filed for bankruptcy. Clearlake Capital, an equity firm, immediately filed a motion to acquire THQ’s assets intact for $60 million.
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THQ was a billion-dollar company. It had the exclusive license to Disney, Pixar, and WWE games. Selling fake fights to wrestling fans is how you switch your target market to easy mode. It's also the Konami Code of dick jokes.
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bankrupt, with little incentive to maintain the product except the hope of Auction sites provide a different type of price competition, and a different.
Nordic Games was the big winner in the most recent auction. When THQ filed for bankruptcy late last year, the United States Bankruptcy Court of Delaware ordered the company to place their assets up for auction. The first auction resulted in new homes for the
In April 2013, Nordic Games acquired all left-over properties from the bankruptcy auctions of American video game publisher THQ for US$4.9 million. Included in the deal were over 150 individual games, including the Darksiders, Red Faction, and MX vs.
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Unfortunately, we no longer own the Summoner IP after the THQ bankruptcy auction. Saints Row was the only IP that came with us when we were bought by
According to court documents, Ubisoft placed a US$2.5-million bid for the studio, which has been developing two new games based on original THQ Nordic GmbH (formerly Nordic Games GmbH) is an Austrian video game publisher based in Vienna.Formed in 2011, it is a publishing subsidiary of Embracer Group.Originally named Nordic Games, as was the parent company, both companies were renamed THQ Nordic in August 2016 after the parent company had acquired the "THQ" trademark in 2014.THQ Nordic's core portfolio comprises assets that … The sale of THQ's assets in federal bankruptcy court will be finalized today. Word is that the hearing begins at 3 p.m. THQ have responded to this move with a court filing of their own, arguing that due to an exclusive license being given to them in the contract, they are within their rights to put it up for auction alongside its wholly-owned assets, and that their debts to South Park Digital Studios are ‘already satisfied’, with additional documents being shown to the court as proof. In the blink of an eye, THQ was no more.
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23 Jan 2013 The bankrupt publisher also claims that its debts to South Park Digital Studios have already been satisfied, providing additional documents to the
While we know that the THQ auction had a total of 17 final bids, and it generated between $6 and $7 million, there is no word on where each property ended up. Moreover, we don't know how much of THQ split up and sold in five parts through bankruptcy auction Take 2, Sega, Ubisoft, Crytek among proposed new owners of popular game series.
THQ oli Yhdysvalloissa Kaliforniassa toiminut peliyhtiö. THQ julkaisi ja kehitti pelejä pelikonsoleille sekä tietokoneille.THQ-nimi tulee sanoista "Toy Headquarters".Yhtiö ei valmistanut leluja enää vuoden 1994 jälkeen, vaan keskittyi vain peleihin.
Kyle Orland - Jan 24, 2013 6:50 pm UTC When THQ filed for bankruptcy late last year, the United States Bankruptcy Court of Delaware ordered the company to place their assets up for auction. The first auction resulted in new homes for the The bankruptcy court judge overseeing THQ's chapter 11 proceedings has signed the motion approving the sale to the successful bidders of yesterday's auction, sealing the deal on the dispersion of the company's assets to five competitors.
The first auction resulted in new homes for the In April 2013, Nordic Games acquired all left-over properties from the bankruptcy auctions of American video game publisher THQ for US$4.9 million. Included in the deal were over 150 individual games, including the Darksiders, Red Faction, and MX vs. ATV franchises.