The French publisher might end up owning THQ because of its bankruptcy

Dec 21, 2012 15:07 GMT  ·  By

Ubisoft might actually make a bid for THQ, as a new report suggests that the French company could snatch up the U.S. publisher during its bankruptcy process.

THQ, after many months of financial turmoil, declared bankruptcy earlier this week and quickly confirmed that it already has one buyer lined up for all of its assets, ranging from brands and franchises to internal studios.

Now, MCV reports that Ubisoft might make a better offer than Clearlake Capital and could ultimately end up buying the THQ alongside everything it owns.

Ubisoft boss Yves Guillemot admitted some time ago that THQ has some great franchises but declined to say if his company could end up buying the publisher.

Considering THQ needs to accept bids for 30 days after declaring bankruptcy, it's going to be interesting to see just what company ends up owning the publisher.