Warner offers $33m for Midway
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May 21st, 2009
Game publisher Midway has received an offer from Warner to acquire the bankrupt company, its assets and all its debts for $33 million. If successful, Warner would take over many of the popular license like Mortal Combat.
However, the deal will not include Midway-owned studios in San Diego and Newcastle. Midway confirmed that the offer has been made and will have 30 days to consider. The company also noted that several other buyers might be interested, although no formal offers have been made.
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