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Market Watch (Free subscription) | 01/12/2008
TEL AVIV (MarketWatch) -- National Amusements Inc., a holding company controlled by the investor Sumner Redstone, is expected to announce that it sold its controlling stake in Midway Games Inc., the Chicago videogame producer, The Wall Street Journal reported on Monday. The sale, to investor Mark Thomas, could help National Amusements restructure its debt, the Journal reported....
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The Industry Standard (Free subscription) | 01/12/2008
Media mogul Sumner Redstone sold his majority stake in video game publisher Midway Games Inc. on Monday as his family's holding company looks to get out from under a $1.6 billion debt. Redstone, the family's holding company National Amusements Inc. and another entity called Sumco Inc. sold their approximately 87.2 percent interest in Midway to a company led by private...
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Jossip (Free subscription) | 01/12/2008
"In an effort to help resolve his debt problems, Sumner Redstone has sold his controlling stake in videogame company Midway Games Inc. to a private investor. Mr. Redstone's holding company, National Amusements Inc., is expected to announce Monday that it sold its 87% stake in Midway to investor Mark Thomas, a move that represents a [...]
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Salt Lake Tribune (Free subscription) | 02/12/2008
Los Angeles ยป Billionaire media mogul Sumner Redstone and his holding companies have sold his family's 80.3 million shares in Midway Games Inc. for less than a penny each, according to a Monday securities filing.
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Seattle Post-Intelligencer (Free subscription) | 01/12/2008
NEW YORK -- Media mogul Sumner Redstone sold his majority stake in video game publisher Midway Games Inc. on Monday as his family's holding company looks to get out from under a $1.6 billion debt.
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Boston Globe (Free subscription) | 01/12/2008
Billionaire media mogul Sumner Redstone and his holding companies have sold his family's 80.3 million shares in Midway Games Inc. for less than a penny each, according to a Monday securities filing.
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Boston Globe (Free subscription) | 01/12/2008
Media mogul Sumner Redstone sold his majority stake in video game publisher Midway Games Inc. on Monday as his family's holding company looks to get out from under a $1.6 billion debt.
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LA Times (Free subscription) | 02/12/2008
The media mogul sells his majority stake in the failing video game maker for a pittance after pouring in cash. Sumner Redstone and his holding companies have sold their shares in Midway Games Inc. for less than a penny each, capping the media mogul's aggressive investment in the troubled video game maker that ended up costing him hundreds of millions of dollars.
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Extremetech (Free subscription) | 01/12/2008
Media mogul Sumner Redstone has sold his controlling stake in video game company Midway Games Inc to a private investor to ease his debt load, the Wall Street Journal said.
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Reuters UK (Free subscription) | 01/12/2008
NEW YORK, Dec 1 (Reuters) - Sumner Redstone sold his stake in video game company Midway Games Inc , as pressure mounts on the media mogul to bolster the finances of his main investment vehicle, National Amusements Inc.
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San Fransisco Chronicle (Free subscription) | 02/12/2008
Billionaire media mogul Sumner Redstone and his holding companies have sold his family's 80.3 million shares in Midway Games Inc. for less than a penny each, according to a Monday securities filing. The sale means a loss of hundreds of millions of dollars,...
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Reuters UK (Free subscription) | 01/12/2008
Dec 1 (Reuters) - Media mogul Sumner Redstone has sold his controlling stake in video game company Midway Games Inc to a private investor to ease his debt load, the Wall Street Journal said.
