Tag Archives: bankruptcy

The THQ fallout is over: everything that could be auctioned off was, and everything else has either been downsized or left to mire in bankruptcy proceedings. Former president Jason Rubin told MCV that THQ was largely responsible for its own undoing. “I think it is incorrect to attribute THQ’s predicament …

The auction for THQ’s assets concluded today, and most–but not all–of its major studios and properties found new homes. Kotaku has posted a letter from THQ’s executive leadership to employees which outlines the changes, which we’ll summarize here along with purchase prices revealed by court spectator Distressed Debt Investing. Volition …