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Warner bids $33 million for majority of Midway assets external link

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TechSpot | Thu, May 21

The move would give Warner access to the Mortal Kombat franchise and Midway's Chicago and Seattle-based development studios. However, for now the two have merely entered a “stalking horse” agreement, meaning that Midway chose the company from a pool of ...

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6 mainstream media and 2 bloggers weighed in on a similar topic

6 Months Ago, Softpedia says (in Warner Bros. Eager to Acquire Midway For quite a bit of cash) The deal is said to include the Mortal Kombat intellectual property rights and the development studios that Midway has in Chicago and Seattle. It seems that the TNA franchise is not targeted by Warner Bros. and that the studio in San Diego will be ...

Thumbnail And Virgin.net says (in Warner Bros. to acquire Midway)  UK
Entertainment would acquire substantially all of the Company's US assets including its Mortal Kombat franchise and its development studios in Chicago and Seattle for a purchase price of $33000000, subject to adjustment as of the closing for changes in ...

And Destructoid says (in Warner Bros offers 33 million to purchase Midway assets)  Florida
If the bid is accepted, Warner Bros. will walk away with Midway's Seattle and Chicago development studios, along with the Mortal Kombat franchise. Studios not included are San Diego and the Newcastle location in the UK. The TNA franchise is also not ...

And MSN Money says (in Warner Bros. offers $33M for Midway Games assets) Chicago-based Midway Games, which declared bankruptcy earlier this year, said the subsidiary of Time Warner Inc. (NYSE: TWX) entered a bid to acquire substantially all of the company's US assets, including its “Mortal Kombat” franchise and its ...

And EL33TONLINE says (in Warner Bros. makes a move for Midway)  South Africa
Under Midway's current agreement, however, Warner Bros. stand to acquire a substantial amount of Midway's assets, including the Mortal Kombat franchise and development studios in Chicago and Seattle, for a total of $33 000 000, subject to further ...

And Develop says (in Warner wants Midway for $33m)  UK
As predicted by MCV, Midway has announced that Warner Bros. has made a $33 million bid to buy the firm's US assets. Under the 'stalking horse' agreement, Warner could acquire the Mortal Kombat series and Midway's Chicago and Seattle studios. ...

And CVG Online says (in Warner bids $33 million for Midway assets) Entertainment has launched a $33 million bid for a number of Midway Games' US assets. If the move proves successful it would see Warner acquire the Mortal Kombat franchise and Midway's Chicago and Seattle-based development studios. ...

And Kotaku.com says (in Warner Bros. Offers to Buy Most of Midway)  NY
Entertainment would include rights to Mortal Kombat and Midway's studios in Chicago and Seattle. The agreement would not include the studio in San Diego, Newcastle or the TNA wrestling franchise. The Warner Bros. decision to not include the Newcastle ...

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