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Warner to pick up Midway from bankruptcy
GamaSutra is reporting that Warner has bid $33 million for Midway, $3 million above the bonus target revealed in court documents last month. The deal includes Mortal Kombat and the Chicago and Seattle studios but leaves out...
- Posted 16 years ago
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Is Midway worth $30 million?
Court documents suggest $30 million is a fair price for Midway. More likely, it’s a ceiling for the value of Mortal Kombat, and is unlikely to be achieved. Last month, creditors kicked up a stink about the...
- Posted 16 years ago
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Midway to sell Mortal Kombat?
Struggling publisher Midway, currently in Chapter 11, is to put Mortal Kombat up for sale. In court filings, Midway is seeking permission for an employee incentive plan covering 29 employees worth $3.8 million (they have to ask...
- Posted 16 years ago