Bankrupt THQ ([[THQIQ.OB]] -32.9%) has received court approval to complete the sale of its assets through an auction on Jan. 22. P-E firm Clearlake Capital, which THQ agreed to sell its operating ...
Bankrupt THQ ( THQIQ.OB -32.9% ) has received court approval to complete the sale of its assets through an auction on Jan. 22. P-E firm Clearlake Capital, which THQ agreed to sell its operating assets to for $60M, will make the opening bid. Speculators holding out hope for a higher offer seem to be ...
Read the rest of this article on SeekingAlpha.com: SA Currents
Related Videos
-
Berkowitz on Opportunity in BankruptciesThe Fairholme manager comments on the fund's significant investment in the convertible bonds and bank debt of bankrupt mall operator General Growth Properties.
-
Better Bankruptcies a Positive for Distressed Debt InvestorsA shorter, more orderly bankruptcy process is good news for distressed debt investors, but it does shift the game a little bit, says Third Avenue's Jeff Gary.
-
Municipal Bankruptcies Rare, and Should Continue to Be SoDespite Jefferson County's woes, we don't expect widespread defaults--but trouble spots do remain, says Morningstar muni credit analyst Rachel Barkley.
-
Finish Line for the AutomakersBankruptcy court is looking ever more likely for General Motors.