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THQ Sale Results?

[Jan 23, 2013, 5:12 pm ET] - Share - Viewing Comments

Kotaku has what they say is the letter sent to all the (now former) staff of THQ by CEO Brian Farrell and president Jason Rubin. This outlines how some of the company's assets have been divided, noting that some properties remain unsold, including their publishing operation, Vigil, and some other IPs. Here are the details provided in the letter, which remain unconfirmed at the moment:

Yesterday morning, we received a competing bid for the operating business, along with Clearlake's offer, and numerous offers for separate assets.
During an auction process that lasted over 22 hours, the final conclusion was that the separate-asset bids would net more than a single buyer for the majority of the company.
Shortly, we will, present the results to the U.S. Bankruptcy Court, which must concur with our assessment.
The proposed sales of multiple assets is as follows :
- Sega agreed to purchase Relic
- Koch Media agreed to purchase Volition and Metro
- Crytek agreed to purchase Homefront
- Take 2 agreed purchase Evolve and
- Ubisoft agreed to purchase Montreal and South Park

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49.

Re: THQ Sale Results?

Jan 24, 2013, 12:02

Dev

The Half Elf wrote on Jan 23, 2013, 16:19: Anyone wondering Kock Media is Deep Silver. REALLY wish Take 2 would have bought Volition, would have loved a Saints Row game with Rockstar Tech. If take 2 had bought it, more than likely they would never have released anything of its IP. Its a competitor (however minor) to GTA, they would have just kept it unreleased. Kinda like EA buying up studios just to kill them off. Paketep wrote on Jan 23, 2013, 16:46: I'm glad EA and Acti bought nothing, and Ubi's paws where far from Relic. It could have been SO MUCH worse. Don't count your chickens, sounds like this was just the first round. This comment was edited on Jan 24, 2013, 12:08.

Subject

Comment [quote="Dev"Jan 24, 2013, 12:02][quote="The Half Elf"Jan 23, 2013, 16:19]Anyone wondering Kock Media is Deep Silver. REALLY wish Take 2 would have bought Volition, would have loved a Saints Row game with Rockstar Tech. [/quote] If take 2 had bought it, more than likely they would never have released anything of its IP. Its a competitor (however minor) to GTA, they would have just kept it unreleased. Kinda like EA buying up studios just to kill them off. [quote="Paketep"Jan 23, 2013, 16:46]I'm glad EA and Acti bought nothing, and Ubi's paws where far from Relic. It could have been SO MUCH worse. [/quote] Don't count your chickens, sounds like this was just the first round. [/quote]

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