THQ Acquires New Line of Credit

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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.

In : PC

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