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THQ to Acquire Rainbow Studios

THQ has agreed to the acquisition of Rainbow Studios.

Game Developer, Staff

November 7, 2001

1 Min Read
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THQ announced that the companies have signed a letter of intent, and the deal is under review. Under the deal, THQ will issue about 1 million shares of common stock to shareholders of privately held Rainbow Studios. Phoenix-based Rainbow Studios has produced games including Motocross Madness and ATV Offroad Fury.

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