Featured Articles

Apple iPad Air 2 costs $275 to build

Apple iPad Air 2 costs $275 to build

IHS has told Recode that the Apple iPad Air 2 16GB Wifi costs only $275 to build -- not bad…

More...
LG sells 16.8 million smartphones in Q3 14

LG sells 16.8 million smartphones in Q3 14

As Samsung is losing market share, another Korean company, which many had written off, is gaining.

More...
LG G Watch R EU price set at €299

LG G Watch R EU price set at €299

LG G Watch R is probably the best looking Android Wear device on the market and many have been waiting for…

More...
Nvidia GTX 970 SLI tested

Nvidia GTX 970 SLI tested

Nvidia recently released two new graphics cards based on its latest Maxwell GPU architecture, with exceptional performance-per-watt. The Geforce GTX 970…

More...
Gainward GTX 970 Phantom previewed

Gainward GTX 970 Phantom previewed

Nvidia has released two new graphics cards based on its latest Maxwell GPU architecture. The Geforce GTX 970 and Geforce GTX…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Thursday, 10 January 2013 09:49

Whole THQ sale still possible

Written by David Stellmack



Individual offer would have to be better


THQ has not given up on survival just yet. The company has gone on the PR offensive to make sure that everyone knows that a bid for company buyout is possible. The titles or assets will only be sold individually if the a la carte offers exceed the total buyout bid.

It would seem that with this confirmation from THQ, it is hard to see how a buyer of the entire company could compete with the potential bids that the company is likely to draw for its star titles and the studios behind them.

It is unknown which titles the individual bidders might be looking at. It also isn’t known if these bidders are looking at one or more titles to purchase. It seems however that THQ whole is likely to survive this process, but stranger things have happened in this business.

Those bidding will have to have their bid in by January 22nd at 9am with the auction to start at 3pm. On January 23rd at 9:30am a hearing will be held where we assume that the winning bidders will be announced following by the closing on January 24th.

blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments