THQ

Koch Media, the folks who publish games under the Deep Silver label, have offered $22.3 million for Volition, Inc., makers of Saints Row, and $5.8 million for 4A Games and its Metro franchise. Updated with official statement from Koch Media.

A letter sent out to THQ employees from THQ CEO Brian Farrell and company president Jason Rubin says that Ubisoft has agreed to purchase THQ Montreal and South Park: The Stick of Truth. Updated with official press release from Ubisoft.

A comprehensive detailing of what each buyer offered for the THQ assets up for auction has been revealed.

Though there was a bit of hope THQ might have been able to pull out of its financial woes thanks to the help of a generous investor, it appears that's not the case. As a result, the company's assets were auctioned off to other publishers and developers on Wednesday.

THQ's legal woes have continued to compound even after the publisher filed for Chapter 11 bankruptcy. With the auction for the THQ's properties set to happen on Tuesday, South Park Studios has filed an objection against the potential sale of its in-development RPG, South Park: The Stick of Truth.

New screenshots from Metro: Last Light have surfaced, showing off the gorgeously bleak and unforgiving environments or a post-apocalyptic world.

In a sad, but not unheralded move, THQ's financial troubles have finally caused the company to file for bankruptcy.

Metro: Last Light will get a Limited Edition that features the hardcore Ranger difficulty level, just for you folks who enjoy punishment.

Want a download code to get Metro 2033 for free on PC? All you need is a Facebook account and one little "like" on the official Metro (THQ) page.