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THQ Investors Call Shenanigans

THQ's recently announced one-two punch of declaring Chapter 11 bankruptcy while arranging a sale to a "stalking horse bidder" for a Section 363 sale has hit a snag, as Gamasutra reports investors have raised objections to the plan. The complaint focuses on how this seems to protect THQ management jobs, but not their investments. The investors aren't the only ones with raised eyebrows over this, as Distressed Debt Investing notes the U.S. Trustee overseeing the THQ bankruptcy has also filed an objection to the proceedings, noting problems with the accelerated timing of asset sales and excessive fee/expense reimbursements.

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22. Re: THQ Investors Call Shenanigans Jan 4, 2013, 11:48 PsychoMoggieBagpuss
 
Not exactly surprising. As soon as you go the public company route then you are immediately at the mercy of the investors/shareholders who are in it for their dividends.
Once it's stopped paying out then they will push for a breakup/sale to maximize their own profits. Employees are just another expense that the investors don't give a shit about.
It's even worse for those companies that are listed as you're immediately at the mercy of the short sellers, no ones ever in it for the long term.
 
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  1. Jan 4, 10:27 Re: THQ Investors Call Shenanigans Cutter
  2. Jan 4, 10:49 Re: THQ Investors Call Shenanigans dj LiTh
  3. Jan 4, 10:52  Re: THQ Investors Call Shenanigans nin
  4. Jan 4, 10:54 Re: THQ Investors Call Shenanigans Tipsy McStagger
  5. Jan 4, 10:58  Re: THQ Investors Call Shenanigans InBlack
  6. Jan 4, 11:00   Re: THQ Investors Call Shenanigans Wildone
  8. Jan 4, 11:07   Re: THQ Investors Call Shenanigans Beamer
  7. Jan 4, 11:06  Re: THQ Investors Call Shenanigans Beamer
  13. Jan 4, 11:15   Re: THQ Investors Call Shenanigans MajorD
  9. Jan 4, 11:07 Re: THQ Investors Call Shenanigans Verno
  10. Jan 4, 11:12  Re: THQ Investors Call Shenanigans Beamer
  11. Jan 4, 11:12  Re: THQ Investors Call Shenanigans ASeven
  12. Jan 4, 11:15   Re: THQ Investors Call Shenanigans Beamer
  21. Jan 4, 11:45    Re: THQ Investors Call Shenanigans Parallax Abstraction
  23. Jan 4, 12:56     Re: THQ Investors Call Shenanigans Beamer
  14. Jan 4, 11:21 Re: THQ Investors Call Shenanigans Cutter
  15. Jan 4, 11:25  Re: THQ Investors Call Shenanigans Beamer
  17. Jan 4, 11:31   Re: THQ Investors Call Shenanigans Warskull
  18. Jan 4, 11:33    Re: THQ Investors Call Shenanigans Beamer
  20. Jan 4, 11:45  Re: THQ Investors Call Shenanigans MajorD
  16. Jan 4, 11:30 Re: THQ Investors Call Shenanigans Creston
  19. Jan 4, 11:39  Re: THQ Investors Call Shenanigans Verno
>> 22. Jan 4, 11:48 Re: THQ Investors Call Shenanigans PsychoMoggieBagpuss
  24. Jan 4, 13:05 Re: THQ Investors Call Shenanigans Wallshadows
  25. Jan 4, 13:11  Re: THQ Investors Call Shenanigans Beelzebud
  26. Jan 4, 14:33 Re: THQ Investors Call Shenanigans LittleMe
  27. Jan 4, 15:10 Re: THQ Investors Call Shenanigans WyldKat
  28. Jan 4, 17:07  Re: THQ Investors Call Shenanigans Prez
  29. Jan 4, 17:41   Re: THQ Investors Call Shenanigans zombiefan
  30. Jan 4, 18:06    Re: THQ Investors Call Shenanigans nin
  31. Jan 4, 18:49     Re: THQ Investors Call Shenanigans Rhino
  32. Jan 4, 18:58 Re: More Big Picture Details HorrorScope
  33. Jan 4, 20:24  Shenanigans SlimRam
  34. Jan 4, 21:05   Re: Shenanigans Sepharo
  35. Jan 4, 21:13    Re: Shenanigans WyldKat
  36. Jan 4, 23:04     Re: Shenanigans Cutter
  37. Jan 4, 23:07     Re: Shenanigans Prez
  38. Jan 4, 23:14      Re: Shenanigans Sepharo
  39. Jan 5, 00:16       Re: Shenanigans Lokust
  40. Jan 5, 12:49        Re: Shenanigans Jackplug


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