Warskull wrote on Jan 4, 2013, 11:31: Current management is trying to salvage THQ as a company after previous management and the investors destroyed it. They know THQ can be profitable. It just wasted a bunch of money on stupid things like UDraw.
Investors want to chop the company up and cut their losses. In the short term it is worth more money, but in the long term a healthy THQ would probably be worth more.
These investors aren't in the long term, though. They want as much money now to invest it in things that would be even more rapidly profitable.
It saddens me that so many people see this headline and take it as confirmation of what they already suspect (management = assholes) without considering where it comes from (massive shareholders = much bigger assholes.)
The three guys signing this document each have much more money than all of THQs management team combined will ever earn.