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THQ buys vital time as creditor holds off

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Chief financial officer resigns; Chief executive claims to be closing in on new deal; Buyout rumours continue

Embattled publisher THQ has been given an eight week grace period by is bank lender Wells Fargo, having previously defaulted on repayment plans from a $50 million loan.... read more

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THQ buys vital time as creditor holds off

Postby toaplan » 21 Nov 2012, 11:17

I wonder who the possible new mystery financial sponsor could be... Dave Perry? Kickstarter?
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Re: THQ buys vital time as creditor holds off

Postby Old Skool Gamer » 22 Nov 2012, 08:41

With the right leadership it could be saved, cut the cloth from top to bottom and concentrate on the key markets which do make money e.g digital only sales with no overheads like replication costs.

The problem is most of the gaming industry are greedy nowadays like footballers and get paid a lot of money for nowt.
We can't stop now, this is Bat Country!
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