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THQ Acquires New Line of Credit

Posted by GDN Staff, Yesterday Jul 7, 2009 19:37

THQ has sent a note to all of its stockholders today that they have signed a loan agreement with Bank of America back on the 30th of June. The loan will provide a revolving credit of $35 million but can be increased up to $50 million.

Whether this money is for current projects, acquitions, etc., is unknown at this time. We have put a call into THQ, but no response as of press time.

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