THQ Assets to Be Sold at Auction on January 22

They might include video games that the publisher is involved with

  Auction time
A number of interested video game companies, including Ubisoft and Warner Bros., are now expected to bid on a number of THQ assets in about two weeks, with an initial sale set at the moment for January 22.

A number of interested video game companies, including Ubisoft and Warner Bros., are now expected to bid on a number of THQ assets in about two weeks, with an initial sale set at the moment for January 22.

The announcement comes after a meeting which involved THQ, interested parties, a judge and stalking horse bidder Clearlake Capital.

The official Twitter message of Distressed Debt Investing states, “No deal yet for THQI. Clearlake has agreed to allow individual title bids, lower break fee, and extending timing to January 15th for bids.”

It’s unclear what the assets available for the bid will be or exactly what companies will be taking part.

The video games that THQ was expected to launch during the first six months of 2013 include: Company of Heroes 2, Metro: Last Light, South Park: The Stick of Truth.

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