Tag Archives: bankruptcy

Judge backs THQ sale objections as Warner Bros comes sniffing

THQ will not be allowed to complete its pre-pack sale to Clearlake Capital, opening the door for a possible swoop by Warner Bros. That’s because US Bankruptcy Judge Mary Walrath has ruled in favour of creditors who last week objected to the arrangement, arguing that the process prevented other interested …

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Bankruptcy for THQ as it looks to sell

THQ has filed for bankruptcy – but as part of a plan to ultimately strengthen the business and hopefully find it a new owner. The publisher this evening announced it had agreed to sell the majority of its US assets, including its publishing operation and four studios, to affiliates of …

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