Latest THQ auction generates estimated US$6m+

Bidding has closed on the latest auction for the remnants of publisher THQ, with 17 final bids anticipated to generate more than US$6 million. Proceeds from selling these assets will be used to repay creditors, who will recover somewhere between 20 and 52%, analysts report.

[img_big]center,8035,2012-08-15/7316Darksiders_II_OnlineReview_HighEndArmor.jpg,Darksiders II[/img_big]

Previous auctions saw new buyers for Relic, Volition, Metro, Homefront and South Park. This still left a whole bunch of content on the table – including rights to franchises including MX vs ATV, Red Faction and Darksiders.

We’ll keep an eye on proceedings and keep you posted as successful bids are announced.

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