Reuters: Bankruptcy News: THQ files for bankruptcy, Clearlake makes offer for assets

Reuters: Bankruptcy News Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

THQ files for bankruptcy, Clearlake makes offer for assets Dec 19th 2012, 19:21 SAN FRANCISCO | Wed Dec 19, 2012 2:21pm EST SAN FRANCISCO Dec 19 (Reuters) - Video game maker THQ Inc said Wednesday it filed for bankruptcy, and private investment firm Clearlake Capital Group has offered to buy its assets. THQ has filed voluntary petitions under Chapter 11 in U.S. Bankruptcy Court for the District of Delaware to facilitate a sale of the assets of its operating business, including its four owned studios and games in development. Shares of THQ were halted on the NASDAQ in the early afternoon.

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