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20. Re: THQ Breakup Details Confirmed Jan 24, 2013, 12:32 Kegaro
Alamar wrote on Jan 24, 2013, 11:47:
I'm not clear how this whole bankruptcy thing works...

First off, if they could have gotten $26 million for Relic, couldn't they have just done that earlier and kept going?

Secondly, are they still bankrupt after getting $72 million?

I realize I'm looking at these numbers as insane amounts of money, and they may not be (in this scenario), but still... Quality games are made for 10% of some of those numbers.


First they have to use the money to pay off any and all debt. Then they will have to pay the legal team. Then, if there is anything left they will have to pay share holders... So basically they are still broke and finished as a company.
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