Posted by SuburbanHell in Companies | 0 comments
UPDATE: Midway acquired by Warner Bros.
In a surprising update to what was posted here earlier today, The Chicago Tribune reports that the sale of Midway to Warner Bros. has been OK’d by a Delaware bankruptcy judge.
The judge approved a $33 million sale of most of the company’s assets to Warner Bros. Entertainment Inc.
Warner Bros. had submitted a $33 million bid to buy “substantially all” the assets of Chicago-based Midway. If there had been other bids, the court would have supervised an auction. But no other parties submitted competing bids.
The judge said that objections filed to the Warner Bros. deal were resolved, clearing the way for the approval.
Hopefully this means this is the last time you’ll have to see this image:


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