Heavy Iron

THQ to Spin-off Two Game Studios, May Shutter a Third

Authored by Mark Hefflinger on March 18, 2009 - 8:55am.
Agoura Hills, Calif. - As part of its previously announced plan to cut costs, video game publisher THQ (NASD: THQI) will spin off two of its development studios, and told staff at a third that it will be shut down if the company cannot find a buyer, GameDaily reported.