THQ Inc. evaluating strategic, financing alternatives

theflyonthewall.com

THQ Inc. said the calendar movement for the release of games will likely create a need for additional capital. THQ has engaged Centerview Partners to assist the company in evaluating strategic and financing alternatives intended to improve THQ’s overall liquidity, including raising additional capital, preserve the company’s ability to bring the best possible games to market during the most advantageous release windows and to help address the $100 million 5% convertible senior notes due August 2014. THQ does not intend to disclose developments with respect to the progress of its evaluation of strategic and financing alternatives.

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