Warner Bros. Offers $33M Offer to Midway

Source: www.teamxbox.com

MCV UK has reported that Warner Bros. has approached Midway in order to acquire all of its US assets. The number for such a move is a mere $33 million bid. Under the ‘stalking horse’ agreement, Warner could acquire the Mortal Kombat series and Midway’s Chicago and Seattle studios. Midway’s Newcastle and San Diego studios are not included in the deal, nor is the firm’s TNA series. The deal is currently under consideration with the US Bankruptcy Court. While it remains to be seen whether or not this bid will be accepted, the rest of the story continues here.
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