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kumagawa on 07 November 2012
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noname2200 said:
Soleron said:

I'd agree, but $10m is INSANELY CHEAP SERIOUSLY. It's crazy low.

If this persists, some capital company will buy THQ just to auction off the assets. They can't let that happen as it would break up the teams that worked on the valuable projects they have left. Really surprised this hasn't been done already at that price.

You're not just buying a company for $10 million, though, you're buying a company and its debts for that price. Heavens knows how deep underwater THQ is right about now.

Ail said:
The most worrying thing is when a delayed South Park title is supposed to be the title that will save your company........


No, Darksiders II was supposed to be that title. South Park is just the last thing they have left, outside of Saint's Row 3 DLC.


THQ has zero debt and $36 million in on hand cash (up from $20 million at the end of the 2nd quarter but that is because of the sale of the UFC licence to EA) according to there 3rd quarter report. It's only because of lack of short term confidence that there market cap has crashed (it's $7 million as of this post) which is not surprising with no high profile games for release in either the holiday period or 1st quarter of next year.