Several Companies Showing an Interest in Buying THQ Assets

Over the last month or so, there hasn’t been much good news going around the gaming industry when it comes to talking about THQ. First there was the news of the imminent bankruptcy proceedings, with the company looking to sell off some of its prime assets.

Then we had news that Ubisoft might be looking to pinch some of the more stable titles from the THQ stable. On a more positive note, we did see signs of life that the new Metro game, entitled Last Light, is still alive and kicking in active development however.

But today we get more news on the sale front, as we have some details from the bankruptcy proceedings, as reported by Polygon.com. It emerged in the court proceedings that five interested buyers are entering the due dilligence process with THQ, and are looking to purchase individual games or franchises from THQ – not the entire slate of games in development. So it could come to pass that several different companies end up buying of a few games here and there from the struggling publisher.

One of the five companies who is interested is Warner Bros. Interactive Entertainment, who themselves are no strangers from these bankruptcy issues – having previously bought several active franchises from Midway Games when they were going through similar troubles several years ago. These included Mortal Kombat and Spy Hunter – the first of which has so far turned out to be a very shrewd move on their part.

Hopefully some more well-intentioned purchases can be made from THQ, and some of the well-loved series’ that the company owns can continue to survive into the future.