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Bankruptcy

Dec. 21, 2012

Gibson helps THQ in Clearlake's $60 million bid

Gibson, Dunn & Crutcher LLP helped Agoura Hills-based video game company THQ Inc. in a Chaper 11 agreement wherein affiliates of Santa Monica-based Clearlake Capital Group LP offered $60 million for the company.


By Andrew McIntyre


Daily Journal Staff Writer


THQ Inc. filed for bankruptcy protection Wednesday and has a bidder.


With help from Gibson, Dunn & Crutcher LLP, the Agoura Hills-based video game company filed for Chapter 11, entering into an agreement with affiliates of Santa Monica-based Clearlake Capital Group LP wherein Clearlake offered approximately $60 million for it.


Acting as the so-called "stalking horse bidder" ...

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