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This is a discussion on Midway could face bankruptcy in 50 days within the Video Game News forums, part of the General Topics category; According to this Variety report, an SEC filing has shown that Midway has 50 days to come up with $150 ...
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12-05-2008, 05:20 PM
| #1 (permalink) |
 Status: Senior Member Join Date: Dec 2007 Posts: 36,856  |  Midway could face bankruptcy in 50 days
According to this Variety report, an SEC filing has shown that Midway has 50 days to come up with $150 million or face bankruptcy. As of October 31, Midway’s cash totals $10.3 million. The firm has entered consultancy with Lazard in an effort to find “strategic and financial alternatives” to its liquidity problems. And if not, it’s [...] Full Story... |
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