During a second hearing, a U.s. judge has decided that publisher THQ certain property must be auctioned. It comes to studios and intellectual property. Ge lwa nteresseerde parties be able to 22 January a bid.
It is the publisher THQ have not succeeded in the bankrupt estate as a whole to sell to investor Clearlake Capital. The court determined that the publisher via a public auction certain property must sell. The auction takes place on 22 January. Clearlake gave THQ in december a loan, so that it is not were to go bankrupt, but had time to postponement of payment. In return, went to THQ to agree with a bid of 60 million dollars, of which Clearlake the publisher in the hands would get.
That shot with a number of parties in the wrong throat. So was publisher Warner Bros. interested in certain parts of THQ. Warner pitched therefore a lawsuit against THQ and was supported by a group of creditors. Who claimed that Clearlake and THQ would benefit from a sale as a whole, but that a sale of individual parts may be more would yield, so there is more money to creditors could be clawed back. US Bankruptcy Judge Mary Walrath gave the complaining parties during a hearing on January 4, equal, and suggested that the parties concerned will consult again had. During a second hearing on January 7, certain Walrath that certain parts of THQ in an auction to be sold.
Which parts exactly be auctioned, is not known. This probably has to ontwikkelstudio and intellectual property; the rights to certain names. Therefore, THQ studios Relic Entertainment, Vigil Games and Volition. It owns also the rights to series like Company of Heroes, Saints Row and Darksiders. In Addition To Warner Bros. would also be Electronic Arts and Ubisoft have shown interest in the property of THQ. Sale of separate business units reduces the chance of a re-launch of THQ.