At least they had a nice place to sit as they watched their debts pile up.
Acclaim, superstar videogame publisher of the late 80s and early 90s, is dead. They filed for Chapter 7 bankruptcy three months ago, and the auction that will help to raise some money to pay off their massive debt will take place next week.
Everything in the buliding will be auctioned off to the highest bidder, including production equipment, computers, electronics, warehouse supplies, company vehicles and anything else not bolted down. Some of Acclaim's arcade cabinets and videogame carts and discs will also be sold off, wholesale.
Just in case you're interested in purchasing the entire office building located in lovely Glen Cove, NY, you can expect to pay $9.05 million to get a starting bid for the property. That's not even 10% of what the entity formally known as Acclaim owes in debts, which is over $100 million in total.