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ggrobot Elite Member
Joined: 28 May 2004 Posts: 45744
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Posted: Wed Dec 19, 2012 10:17 pm Post subject: THQ Inc. Files for Bankruptcy [34258] |
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Videogame maker THQ Inc. /THQI -69.38%/ filed for Chapter 11 bankruptcy, and said its assets will be acquired by affiliates of private equity firm Clearlake Capital Group L.P. in a roughly $60 million deal. The company said Clearlake - -a so-called uot;stalking horse bidder,uot; or the lead bidder in a bankruptcy s
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Source: GGMania headlines
GGMania.com - Daily Gaming and Tech news |
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Csimbi Elite Member
Joined: 05 Mar 2010 Posts: 4788 Location: The bright side of the dark side
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Posted: Wed Dec 19, 2012 11:06 pm Post subject: |
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Now that CoH2 was coming?
I could cry. |
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tride Elite Member
Joined: 27 Feb 2010 Posts: 566
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Posted: Wed Dec 19, 2012 11:14 pm Post subject: |
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And how is that possible when they have such a hit tittles coming out ? Some financing games they play now... |
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Thudo Elite Member
Joined: 29 Oct 2009 Posts: 395 Location: North Toronto, Canada
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Posted: Thu Dec 20, 2012 2:15 am Post subject: |
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Whooaa.. never saw that coming..
Still modding Dawn of War 1 (circa 2004) and waiting on what looks like an impressive Dawn of War 3 next year..
Well.. now what? |
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Csimbi Elite Member
Joined: 05 Mar 2010 Posts: 4788 Location: The bright side of the dark side
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Posted: Thu Dec 20, 2012 2:59 am Post subject: |
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Nope, this was the last company I expected to report bankruptcy as they had such great titles. I wonder if they had started on CoH2 earlier they might be selling it by now.
DoW and CoH are near the very top of my all-time-favourite list.
I guess someone will buy them - but, I'm afraid it means assets only, not the talents. It's sad because that means that a great series will be twisted into something new - something that the fans most likely won't like.
I guess it's time to pull out DoW from the closet and honour these guys by playing it again.
The good news is that whoever buys it might want some cash, so chances are good that they will put them on GOG - and finally we got to play it disruption-free. |
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Sabot Elite Member
Joined: 11 Jun 2004 Posts: 2079 Location: The Dark Side of The Moon
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Posted: Thu Dec 20, 2012 2:47 pm Post subject: |
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There has been long term warnings that THQ was in difficulty. Just check business news or game news for instance on a tablet. Resident Evil 6 never sold what it expected either and has put Capcom back in development of future titles. |
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Csimbi Elite Member
Joined: 05 Mar 2010 Posts: 4788 Location: The bright side of the dark side
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Posted: Thu Dec 20, 2012 6:34 pm Post subject: |
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That may be, it was an "out of the blue" kind of experience for me.
I guess I did not follow the right forums... |
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