THQ Files for Bankruptcy, Sells Assets to Clearlake Capital Group
December 19, 2012 at 15:06 PM EST
Video game developer THQ (NASDAQ: THQI ) has announced that it has filed for bankruptcy. The company has secured an asset purchase agreement with Clearlake Capital Group "to acquire substantially all of the assets of THQ's operating business, including THQ's four owned studios and games in development." THQ, which produces