A Very Odd Bankruptcy Buyout of THQ - 24/7 Wall St.
12/19/12
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A Very Odd Bankruptcy Buyout of THQ
24/7 Wall St.
Clearlake Capital Group, L.P. has entered into a stalking horse bidder agreement to acquire THQ's assets in an Asset Purchase Agreement. Here is the problem: the buyout is via Section 363 under Chapter 11, which means it is under bankruptcy protection.
Major Video Game Company THQ Files for BankruptcyReason (blog)
THQ Wins Court Approval of Bankruptcy Loan While It Seeks SaleBloomberg
THQ files for Chapter 11 bankruptcy, will continue to operateArs Technica
VGChartz -Xbox 360: The Official Xbox Magazine
all 367 news articles »
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24/7 Wall St.
Clearlake Capital Group, L.P. has entered into a stalking horse bidder agreement to acquire THQ's assets in an Asset Purchase Agreement. Here is the problem: the buyout is via Section 363 under Chapter 11, which means it is under bankruptcy protection.
Major Video Game Company THQ Files for BankruptcyReason (blog)
THQ Wins Court Approval of Bankruptcy Loan While It Seeks SaleBloomberg
THQ files for Chapter 11 bankruptcy, will continue to operateArs Technica
VGChartz -Xbox 360: The Official Xbox Magazine
all 367 news articles »
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