Electronic Arts and THQ discussed a potential buyout of THQ, the former Darksiders, Saints Row and Red Faction publisher, as early as December 2011, a year before the company filed for bankruptcy, according to documents filed in Delaware district court this week.
Those discussions came about after THQ began exploring strategic alternatives, including a sale of the entire company to private equity or industry partner, as the defunct publisher's financial position continued to decline, the document says. THQ allegedly approached Electronic Arts for the sale, based on EA's interest in acquiring the UFC license.
At their meetings, THQ provided EA with internal financial information, including sales data and marketing projections for the...
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