Midway Gets $33 Million Takeover Bid From Warner Bros.
by Rainier on May 21, 2009 @ 7:44 a.m. PDT | Filed under News
Midway announced that it has entered into a "stalking horse" asset purchase agreement with Warner Bros. Entertainment Inc., meaning that WBIE would acquire substantially all of Midway's U.S. assets including the Mortal Kombat franchise and its development studios in Chicago/Seattle, but not the TNA/Wheelman franchises.
