THQ Gets Commitment For Interim Financing; Ops to Continue Without Interruption During Sale

THQ (NASDAQ: THQI ), a leading worldwide developer and publisher of interactive entertainment software, today announced that it entered into an Asset Purchase Agreement with a “stalking horse bidder,” affiliates of Clearlake Capital Group, L.P., to acquire substantially all of the assets of THQ's operating business, including THQ's four owned studios and games