Send News. Want a reply? Read this. More in the FAQ.   News Forum - All Forums - Mobile - PDA - RSS Headlines  RSS Headlines   Twitter  Twitter
Customize
User Settings
Styles:
LAN Parties
Upcoming one-time events:

Regularly scheduled events

THQ Default Follow-up

THQ announces an update on the company's dicey credit situation. They announce they have entered into a forbearance agreement with Wells Fargo to prevent the bank from bringing the hammer down on THQ for its defaulted credit facility. The company also announces "that it has entered into exclusive negotiations with a financial sponsor regarding financing alternatives which may result in, among other things, significant and material dilution to shareholders." Finally, they announce the departure of Paul Pucino, their former Executive Vice President and Chief Financial Officer.

Email Digg Facebook Twitter   Share More    


 

  
   Current Headlines
Tom Clancy's The Division Last Stand Details Tomorrow
For Honor Hero Reveals
Castle of Illusion Disappears
Evening Patches
On Sale
Evening Interviews
Gatherings & Competitions
Evening Consolidation
Evening Mobilization
Evening Metaverse
Evening Tech Bits
Evening Safety Dance
Evening Legal Briefs
etc., etc.
Into the Black
Halo Wars 2 Gold
Necromunda: Underhive Wars Announced
Atlas Reactor Season 2; Game Now Free-to-Play
On Heroes of the Storm Diversity; Lunar Festival Returns
Morning Patches
  

 



footer

Blue's News logo