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THQ auction on Jan. 22

Things just seem to be getting worse for videogame publisher THQ. After months of financial losses, potential delistings, and general uncertainty, it was announced today that the company’s studios, assets, titles, and properties will be auctioned off “piecemeal” on January 22nd.

Originally,¬†Clearlake Capital Group was going to buy all the company’s assets for $60 million, but according to Polygon companies like EA, Ubisoft, and Warner Bros. are interested in certain properties. EA has even conducted site visits to THQ’s headquarters. We wish the best for all those affected by the collapse of this well-known company.

[DDInvesting via Polygon]

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