
Midway has announced taht yesterday they received an offer for over 33 million dolars on behalf of Warner Bros. in order to buy most of the company.
According to Geoffrey Mogiliner, director of corporative communications for midway, "It's in writing now, that there is interest", he also added that the company has been in the talks with other posible buyers.
The purchase agreement with Warner Bros. 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. and it will also include the rights for the "Wheelman" game developed by New Castle.
Prior to finalizing the deal, there will be a court supervised auction, companies will have 30 days for biding before the actual auction, in which midway`s assets will be sold.
For more info regarding the deal, head over to
Kotaku.com