Midway Sold for $0.0012 per Share

[Gamerace]

twesterm said:

Gamerace said:
Sad state of the industry as it is. At least Midway still exists but in what form?

 

No.  No, it isn't sad in any way at all to see Midway go under.

 

 You're probably right on that count.  It's not like Midway has done anything of real note other than that shameful Game Party game which isn't the type of note you'd want to leave on.

I expect the new owner will close the studios and sell off the licenses for a profit.  Oh wait, did he buy the debt load too?