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Midway Sale to Warner Bros. Approved by Court

by Rainier on July 2, 2009 @ 9:43 a.m. PDT

Back in May, Midway established a timeline for the expected sale of its assets to the highest bidders in accordance with the sale and bid procedures motion filed with the bankruptcy court. Now that the timeline has passed, it turns out that Warner Bros. was the only interested party, so the sale has been approved by the Delaware bankruptcy judge.
Back in May, Midway established a timeline for the expected sale of its assets to the highest bidders in accordance with the sale and bid procedures motion filed with the bankruptcy court. Now that the timeline has passed, it turns out that Warner Bros. was the only interested party, so the sale has been approved by the Delaware bankruptcy judge.