Featured Articles

LG G Watch R ships in two weeks

LG G Watch R ships in two weeks

The LG G Watch R, the first Android Wear watch with a truly round face, is coming soon and judging by…

More...
LG unveils NUCLUN big.LITTLE SoC

LG unveils NUCLUN big.LITTLE SoC

LG has officially announced its first smartphone SoC, the NUCLUN, formerly known as the Odin.

More...
Microsoft moves 2.4 million Xbox Ones

Microsoft moves 2.4 million Xbox Ones

Microsoft has announced that it move 2.4 million consoles in fiscal year 2015 Q1. The announcement came with the latest financial…

More...
Gainward GTX 970 Phantom previewed

Gainward GTX 970 Phantom previewed

Nvidia has released two new graphics cards based on its latest Maxwell GPU architecture. The Geforce GTX 970 and Geforce GTX…

More...
EVGA GTX 970 SC ACX 2.0 reviewed

EVGA GTX 970 SC ACX 2.0 reviewed

Nvidia has released two new graphics cards based on its latest Maxwell GPU architecture. The Geforce GTX 970 and Geforce GTX…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Thursday, 10 January 2013 09:49

Whole THQ sale still possible

Written by David Stellmack



Individual offer would have to be better


THQ has not given up on survival just yet. The company has gone on the PR offensive to make sure that everyone knows that a bid for company buyout is possible. The titles or assets will only be sold individually if the a la carte offers exceed the total buyout bid.

It would seem that with this confirmation from THQ, it is hard to see how a buyer of the entire company could compete with the potential bids that the company is likely to draw for its star titles and the studios behind them.

It is unknown which titles the individual bidders might be looking at. It also isn’t known if these bidders are looking at one or more titles to purchase. It seems however that THQ whole is likely to survive this process, but stranger things have happened in this business.

Those bidding will have to have their bid in by January 22nd at 9am with the auction to start at 3pm. On January 23rd at 9:30am a hearing will be held where we assume that the winning bidders will be announced following by the closing on January 24th.

blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments