THQ Says Purchase of Toy Factory Inc. Is Off

THQ Inc., a video-game and toy concern in Calabasas, said its proposed purchase of Toy Factory Inc. for about $6 million in THQ common stock has been scuttled by the companies.

THQ did not disclose why the merger fell through.

The companies had announced their tentative merger agreement in February.

Toy Factory is a privately held company that makes tabletop games, water guns and other toys.