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Midway Sets Itself Up for Auction

Post by Oct , 2009-05-30 22:39:08 Source: Gamedaily Editor:Shirley

Tags: Midway

Oct
6

Dig

I wonder how much Rampage costs? All of the company's assets are going up on the trading block.

 

Midway Games today revealed the timeline for the sale of the company's various assets, as mentioned in a previous release. The company's financial advisor Lazard will accept bids until June 24 for some or all of the company's assets, with an auction following on June 29 that will ensure the highest value is achieved.

 

With an extensive company history, Midway's classic franchises include Gauntlet, Rampage, Joust, Spy Hunter and Paperboy. Contemporary franchises include the perennial hit Mortal Kombat, TNA Wrestling, the recently released Wheelman and This is Vegas, which is sill being developed. Midway also owns the casual, multimillion unit selling titles Game Party and TouchMaster.

 

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