If you didn’t know THQ is in some serious financial trouble. However, the company wanted to sign a quick deal with Clearlake Financial Group and protect all of their assets. This would have been the best way for the company to retain their valuable IP. Soon after news of the deal went public, THQ’s creditors began to complain that the company was trying to sell too quickly. They wanted THQ to make sure that they were getting the best deal and they are insisting that THQ must listen to other potential bids.  The result of the hearing today highlighted a deal to allow other publishers to bid on individual THQ properties. The auction has been tentatively scheduled on January 22. Bidders may include Ubisoft, EA and Warner Brothers.

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Joe Marchese is the founder / Editor in Chief of New Gamer Nation. He has been a gamer for his whole life but has been focusing on his passion to deliver the industry's new to New Gamer Nation. He is an expert of video game culture and has been featured on Fox News Online. Don't be shy to reach out and let him know what you think!