THQ Files For Bankruptcy

IGN has posted an article saying, “THQ has filed for bankruptcy.” Apparently, a statement was released this morning that said, “THQ has entered into an Asset Purchase Agreement with affiliates of investment firm Clearlake Capital Group `to acquire all of the assets of THQ’s operating business, including THQ’s four owned studios and games in development.”

THQ also noted that it “will continue operating its business without interruption during the sale period” and that all studios will remain open with all development teams continuing to work.

IGN said, “THQ president Jason Rubin added on Twitter that Company of Heroes 2, Metro: Last Light and South Park: The Stick of Truth are “still on schedule.””

The full article can be found on IGN.

Source- IGN

Nathan Manning is an Editor for AnalogAddiction. You can find him on Twitter.