Five “strategic buyers” are reportedly performing “active due diligence” on THQ. According to Distressed Debt Investing , who attended a hearing today at a U.S. Bankruptcy Court in Delaware, five buyers are interested, including Warner Bros.

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On its Twitter account, Distressed Debt Investing reports that Sam Greene of Centerview Partners (THQ’s banker) testified that five “strategic buyers” are “in active due diligence in THQ.” DDI adds that the five buyers “are interested in individual titles” rather than buying THQ outright, but that Clearlake Capital (the financial firm that is awaiting approval to buy THQ ) has said that isn’t allowed.At the hearing, a bondholder banker noted that “the pre-petition THQ sales process didn't give enough information for [strategic buyers] to value individual titles,” DDI reports, adding that lawyers for Warner Bros. “have [a] team ready to complete due diligence if more time is allowed.”Yesterday, THQ’s creditors objected to the sale of THQ , arguing that the 30 day approval period for Clearlake’s purchase of THQ is not an adequate window and doesn’t allow potential bidders enough time to make an offer for THQ’s properties. DDI revealed today that those creditors include Wilmington Trust, WWE, Silverback Asset Management, Mattel and Viacom.At the hearing today, Judge Mary Walrath “did not [approve] the DIP motion or bidding procedures motion in the THQ case” according to DDI. The Judge “instructed parties to discuss and work out their issues over the weekend” and the hearing will reconvene on Monday, January 7th.The identities of the other four interested buyers haven’t been revealed, though rumors in the past suggested Ubisoft could be looking to buy THQ’s assets . For more on other publishers we predict could be looking to buy THQ -- including which property we feel Warner Bros. would be most interested in -- read our predictions about where THQ’s games and studios might go if they’re ultimately sold one-by-one.Via Polygon

Andrew Goldfarb is IGN’s associate news editor. Keep up with pictures of the latest food he’s been eating by following @garfep on Twitter or garfep on IGN.