In 2000 THQ purchased Volition, makers of Saint’s Row and Red Faction, for about 1 million shares of common stock. (They also assumed about half a million in net liabilities.)
At the time that stock was worth about $12.8 million. As of today it’s worth about $660,000. Even if you factor in the 2005 three-for-two stock split, the value is only $990,000.
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