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THQ is Dead and Gone

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THQ is no more. The company will be broken apart and its games sold to at least five different companies, according to a letter sent to employees today from CEO Brian Farrell and president Jason Rubin. Kotaku obtained the letter, which further states THQ is currently presenting its case to the U.S. Bankruptcy Court.

The proposed sale, including sales figures and backup bidders for each, is below.
Relic Entertainment and Company of Heroes franchise
Winning bid: $26.6 million – Sega Corporation
Backup bidder: $26.3 million – Zenimax Media

THQ Montreal, including 1666 and Underdog
Winning bid: $2.5 million – Ubisoft
Backup bidder: None

Evolve aka Metamorphosis
Winning bid: $10.894 million – Take-Two Interactive
Backup bidder: $250,000 – Turtle Rock Studios, Inc.

Volition and Saints Row franchise
Winning bid: $22.3 million – Koch Media
Backup bidder: $5.4 million – Ubisoft

Homefront franchise
Winning bid: $544,218 – Crytek
Backup bidder: None

Metro franchise
Winning bid: $5,877,551 – Koch Media
Backup bidder: $5.175 million – Ubisoft

South Park: The Stick of Truth
Winning bid: $3,265,306 – Ubisoft
Backup bidder: None

The fate of the Darksiders franchise and its developer Vigil Games is unknown. Farrell and Rubin said, “We will make every effort to find appropriate buyers, if possible.”

Via www.gamespot.com

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