Look, there’s a reason I would be a terrible analyst. THQ is done. After filing for Chapter 11 bankruptcy at the end of last year in an attempt to sell the company to Clearlake Capital Group for $60 million, the judge governing over the filing sided instead with a group of creditors and US trustees. They objected to the sale, claiming the 30-day window was not long enough to provide other companies a chance to offer a bid. The result means THQ will be auctioned off piece by piece next week on January 22. Whether that means by franchise, studio, or both is unknown.
