Coca-Cola on 08 December 2008
things looked great for Midway when they first got into the console market, Mortal Kombat was super popular for both the SNES and Sega Genesis. Alas... those times are gone. Variety uncovered an SEC filling that show Midway having 50 days to settle outstanding debts. These outstanding debts amount to about 150 million. Midway unfortunately are only worth about 10 million.
It seems that advisory company Lazard may be Midway's only hope. If Lazard can't come through with a Christmas miracle it's bankruptcy for this once giant. Bankruptcy! So we might not have the chance to see their secret game that looks better than 'Gears 2'?
