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 Ubisoft To Buy THQ Assets? - briefly
(hx) 01:15 PM EST - Dec,22 2012
According to anonymous sources cited in this article, Ubisoft has plans to buy up THQ's assets. Good news? Bad news?
Ubisoft had previously expressed interests in the firm's assets.

Now sources tell us it is already in lengthy discussions with the firm (and presumably its new owners at Clearlake investments) to forge a deal.

Price, however, is the obvious clincher - nose-tappers say that Ubisoft is after a bargain buy, and is prepared to hold-out until THQ is forced to sell off specific assets, as happened to now-defunct Midway when it went into bankruptcy four years ago.

If successful in the overall acquisition, though, Ubisoft would take over five studios and gain the rights to brands such as Saints Row, Company of Heroes, Darksiders, Homefront, Red Faction. Plus it would pick up the deals for games based on WWE and some Warhammer properties - WWE specifically would offer an expansion opportunity for Ubi, finally giving it a decent stake in the sports genre.

It'd be up to the French firm which of those it keeps going alongside the likes of Assassin's Creed, Just Dance, Far Cry, its various Tom Clancy games and many other titles.

last 10 comments:
Csimbi(02:16 PM EST - Dec,22 2012 )
That's nothing but bad news as Ubi screws customers at every turn.

Stumpus(08:04 AM EST - Dec,23 2012 )
There's nothing but bad management at companies like THQ who can't run a brothel!It happens world wide and it certainly doesn't happen overnight, if said companies actually had decent accountants, CEO and board members they would never ever get into these predicaments. Instead they have a 'live for today, sod tomorrow' mentality.
They can all move up but never,ever factor in how to cope with a recession and drop.
The main thing is the board,share holders and CEO get a HUGE cut/golden payoff in the sell-off and move onto destroy another company -still putting coffers in their OWN banks.

Majnun(09:58 AM EST - Dec,23 2012 )
Well, at least this way we can just blame Ubisoft when the next Saint's Row game is nowhere near as good as the Third.

Because it won't be.

Koogle(08:19 PM EST - Dec,23 2012 )
THQ are scum, and ubisoft are no better.

match made :D

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