Midway May Be Purchased by Warner Bros.
Post by StarKiller , 2009-04-27 20:21:27 Source： Gamedaily Editor：ShirleyTags： Midway Warner Bros.
MCV is reporting that Warner Bros. is likely to offer a buyout bid for Midway. The media conglomerate is apparently attracted to the publisher's larger franchises, like Mortal Kombat and Stranglehold.
"Warner is pretty confident that they will get Midway – which will be an immediate boost to their portfolio," said a source to MCV. "The deal isn't done yet. Midway is still open to offers from other potential buyers – but Warner looks to be favorite to wrap it up. They look ready to put the money on the table."
Midway would like for Warner Bros. to purchase the company whole for $30 million, but it may still sell off its various IPs and studios separately. If the $30 million price target is met, several key members of Midway would receive bonuses.
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- •Amid Midway / Warner Bros. transition, Midway name up in the air
- •Midway Newcastle Struggles for Life
- •Midway Sets Itself Up for Auction
- •Midway Owners, Board Members Sued by Creditors
- •Midway May Be Purchased by Warner Bros.
- •Midway Price Tag at $30 Million
- •Rumor: Three companies looking to purchase Midway
- •Midway teases new game, details expected soon
- •Midway Looking to Unload Mortal Kombat
- •Midway owes millions to Epic, NBA, Warner Bros and many more
- •Midway Safe Until February 12
