Videogame maker THQ gets court approval for sale of assets

(Reuters) – Videogame maker THQ Inc said it received court approval to sell its assets to various buyers for about $ 72 million and will split up following the sale. The company will sell Relic Studios to Japanese video game software developer Sega Corp for $ 26.6 million while Koch Media GmbH will buy Volition Inc and video game “Metro: Last Light” for $ 22.3 million and $ 5.9 million, respectively. Volition is the maker of THQ’s best selling “Saints Row” series. The company’s publishing businesses, Vigil Games and certain other intellectual properties were not part of the sale process. …

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