Tag Archives: chapter 11 bankruptcy

Gaming company THQ files for bankruptcy

Game maker THQ has filed for Chapter 11 bankruptcy, with its assets being sold to private equity firm Clearlake Capital Group for $60 million. The company’s stock fell 73 percent on the 19th to finish at $0.35 cents.   Last month, the company admitted it was seeking “strategic financing alternatives” as it bled cash. Clearlake […]

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