www.411mania.com
|  News |  Columns |  TV Reports |  Video Reviews |  Title History |  Hall of Fame |  News Report |  The Dunn List |
SPOTLIGHTS  SPOTLIGHTS
MOVIES/TV
// Watch: Test Footage For Deadpool Movie Leaks Online
MUSIC
// Orlando Bloom Allegedly Throws a Punch at Justin Bieber
WRESTLING
// Full WWE Smackdown Taping Results (SPOILERS)
MMA
// Why Does MMA Have Rules If No One Follows Them? – Looking At Fighters Missing Weight
GAMES
// Watch: New Campaign Trailer For Call of Duty: Advanced Warfare




 HOT TOPICS
//  CM Punk
//  John Cena
//  Triple H
//  Hulk Hogan
//  Randy Orton
//  Christian
SYNDICATE  SYNDICATE



411mania RSS Feeds





Follow 411mania on Twitter!




Add 411 On Facebook
 


 
 411mania » Wrestling » News

Advertisement
WWE Responds to THQ Bankruptcy Filing: They Are Listed as Being Owed $45 Million
Posted by Larry Csonka on 12.21.2012



- WWE sent out the following today, regarding the THQ bankruptcy filing…
WWE Responds To THQ Filing

STAMFORD, Conn.--(BUSINESS WIRE)-- WWE (NYSE:WWE) is listed in THQ, Inc.'s recent bankruptcy filing as an unsecured creditor holding a claim of approximately $45 million reflecting the entirety of the existing multi-year agreement.

Any impairment of a current THQ account receivable would be immaterial to WWE's financial statements. Even if the impact of THQ's bankruptcy were detrimental to WWE, the Company does not believe that the ultimate economic impact for financial statement purposes would materially and adversely affect the results of operations or financial position of WWE in light of the strength of the WWE brand and the historical performance of WWE's video game business.






More must-read wrestling news:
* Sheamus: "I loved my feud with Daniel Bryan"
* The Rock to work Smackdown taping next month
* Update on Shelton Benjamin's possible WWE status
* 411's full Impact Wrestling report
* The Top 8 Wrestlers WWE Should Sign in 2013





MUST-READ 411 STORIES:

The Best Batman Gadgets

Orlando Bloom Throws Punch At Bieber!

Lindsay Lohan Snaps Bikini Selfie


comments powered by Disqus









www.41mania.com
Copyright (c) 2011 411mania.com, LLC. All rights reserved.
Click here for our privacy policy. Please help us serve you better, fill out our survey.
Use of this site signifies your agreement to our terms of use.