THQ Liquidation Approved

By Cindy Minguez, 5 years ago
Over the last several months, we've brought you the news of THQ's Chapter 11 filing, the sales results of an auction of the company's assets in January, as well as a second auction in June.

Now, all of those sad results are official. A U.S. bankruptcy judge today approved THQ's liquidation plan, so the franchises sold earlier this year all have new homes.

THQ brought us big name franchises like the Saints Row series and Darksiders I & II as well as some lovely little gems like Costume Quest and Stacking.

While some of the finer details have yet to be hammered out among THQ, subsidiaries, and shareholders as to the exact distribution of the funds raised by the sales (if you want more of the particulars, you may find them at Bloomberg), the end result is the same: the game maker THQ is no more, and in the current environment of ever-shrinking gaming manufacturers, they will be sorely missed.
Cindy Minguez
Written by Cindy Minguez
Cindy has been writing for TA/TT for three years now and is the Assistant Manager of the Newshounds at TrueTrophies. She's an English instructor at a small college and considered a remarkably cool teacher for knowing all about Mass Effect, Skyrim, and Diablo III.