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latimesblogs.latimes.com - 6/26/2009

Warner Bros. emerges as sole bidder for Midway Games

— latimesblogs.latimes.com — Warner Bros. emerges as sole bidder for Midway Games.... (more) Warner Bros. emerges as sole bidder for Midway Games

Midway Games

Mortal Kombat

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latimesblogs.latimes.com - 6/26/2009

Warner Bros. is only bidder for Midway Games | Company Town | Los Angeles Times

— latimesblogs.latimes.com — WarnerMortalKombat Can Warner Bros. find gold in Sumner Redstone's mud? As The Times' tech blog reports ,... the studio has emerged as the sole bidder for Midway Games, all but guaranteeing its $33 million offer for the bankrupt publisher of titles ... (more) Warner Bros. is only bidder for Midway Games | Company ...

Midway Games

Mortal Kombat

Warner Bros. Interactive

Eidos

Tomb Raider

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latimes.com - 6/27/2009

Warner Bros. emerges as sole bidder for Midway Games - Los Angeles Times

— latimes.com — Warner Bros. has emerged as the only bidder for Midway Games Inc., all but assuring that it... will take control of the bankrupt video game publisher previously owned by Viacom Inc. Chairman Sumner Redstone and become a major force in the video game ... (more) Warner Bros. emerges as sole bidder for Midway Games - ...

Midway Games

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Midway/Warner Sale Moves Forward
Blue's News — The sale of most of the assets of bankrupt Midway Games to Warner Bros. has been approved by a Delaware judge, according to a report on chicagotribune.com . Several other legal actins stood in the way of ...

Midway Sale to Warner Bros. Gains Court Approval
GamePolitics News — ... A U.S. Bankruptcy Court judge has approved the sale of Midway to Warner Bros. for $33 million, reports the Chicago Tribune. ...

Warner Bros. Cleared For Midway Buyout
G4 TV - TheFeed — ... It doesn’t quite pack the same kind of punch as the mergers and acquisitions we saw last week (Zenimax/id Software, Mythic/BioWare), but it turns out that Warner Bros. has been cleared to purchase famed publisher Midway for the previously submitted bid of $33 million, the Chicago Tribune reports. ...

Midway Sale Approved, Studios Still Facing Closure
The Escapist : Latest News — ... that it hasn't received bids on either of the studios and has thus given employees a 60-day notice of forthcoming closure as required by U.S. law. But the company rep expressed hope that someone would rescue the San Diego operation before the shutdown, saying, "For now those employees are continuing to work and it's still entirely possible that a bidder could come in and acquire the San Diego assets." The sale of Midway to Warner Bros. is expected to close within ten days. Source: Chicago Tribune , via ...

Warner Bros. seals up Midway acquisition
The Cut Scene - Video Game Blog by Variety — ... The bankruptcy judge overseeing the sale apparently wasn’t swayed by Threshold Entertainment’s argument that film producer Larry Kasanoff was the driving creative force in the franchise. (The Chicago Tribune quotes the judge as saying the objections, as well as those of Vin Diesel-owned development studio Tigon Games were ‘resolved’. ...

Warner Bros. cleared to buy Midway assets
Big Download Blog — ... It looks like game publisher Midway will soon by no more. A story on the Chicago Tribune web site reports that Warner Bros. has been cleared by a Delaware bankruptcy judge to purchase two of Midway's development studios (Chicago and Seattle) along with ...

Game publisher Midway joins Time Warner empire for $33M
Opposable Thumbs — ... , simultaneously explaining how Midway's debt had skyrocketed over a short period of time and how the Redstone sale of company stock essentially crippled their chances at recovering the money they were owed. Last week, Midway held an auction for its various assets; a few weeks beforehand, Time Warner was expected to make off with the lion's share of property for roughly $33 million. This turned out to be the case, as a Delaware bankruptcy judge approved the deal and Time Warner wound up acquiring most of the publisher's properties and studios. However, noticeably absent from ...