Reuters – THQ Files Bankruptcy, Clearlake to Bid on Assets

Videogame maker THQ Inc. said on Wednesday it filed for bankruptcy protection, and entered into an agreement with private investment firm Clearlake Capital Group for a potential sale of its assets, in a bid to tackle its financial troubles, Reuters reported. The assets to be sold include THQ's four studios and games in development. The filing was made in U.S. bankruptcy court in Delaware.

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