After months of struggle, THQ announced on Wednesday that it had filed for Chapter 11 bankruptcy. Thankfully, though, a savior investor arrived to buy up all of THQ's assets and ensure that everything is business as usual.
Thanks to investment group Clearlake, all of THQ's upcoming games, including Saints Row 4, Homefront 2, Company of Heroes 2, Metro: Last Light, and South Park: The Stick of Truth, are still in development. Further, none of THQ's development studios will close.
From the press release announcing the purchase by Clearlake:
There are some other details, but that's the gist of it. THQ fans should be relieved—this could have gone much, much worse.
