It looks like delistings, general uncertainty and a long time of financial losses was not the worst that could have happened for THQ. It was announced that THQ’s company studios, assets, titles and all properties will be auctioned on the 22nd of January.
Rumour says that interest in the properties is shown by companies like EA, Ubisoft and Warner Brothers. But it is also being said that Clearlake Capital Group, a leading investment firm was going to buy all of THQ’s properties for $60 million.
Later, bidding procedures were tweeted:
For those interested, here are the bidding procedures for THQI’s auction to be held on January 22nd: scribd.com/doc/119845249/…
— Hunter (@DDInvesting) January 10, 2013