NEW YORK, Dec 1 (Reuters) - Sumner Redstone sold his stake in video game company Midway Games Inc (MWY.N: Quote , Profile , Research , Stock Buzz ), as pressure mounts on the media mogul to bolster the finances of his main investment vehicle ...
1 Dec 2008
Sumner Redstone is now one step further from having to sell off Viacom or CBS now that he's sold Midway Games, one of the major holdings in his National Amusements group, to investor Mark Thomas. Combined with a potential sale of his 1,500-theater ...
1 Dec 2008
(Reuters) — Sumner Redstone has sold his stake in video game company Midway Games Inc. , according to a filing on Monday, as the media mogul tries to bolster the finances of his theater chain company, National Amusements Inc. Redstone, National ...
1 Dec 2008
Talk about your Black Friday deals. Hoping to resolve debt issues, stodgy old-timer Sumner Redstone has sold his controlling interest in Midway Games for approximately $100,000. The Wall Street Journal reports that Redstone's 87% stake in Midway has ...
1 Dec 2008
For Grambling coach Rod Broadway, the Bayou Classic is big, but the SWAC championship is even bigger. The Tigers accomplished the first half of that feat Saturday with a 29-14 victory over rival Southern at the Louisiana Superdome. The win clinched ...
1 Dec 2008
AP Ahead of the Bell: Redstone reportedly sells stake Monday December 1, 8:20 am ET Report: Redstone sells stake in Midway Games as holding company works on debt restructuring NEW YORK (AP) -- Summer Redstone has sold his majority stake in video game ...
1 Dec 2008
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.
1 Dec 2008
Sumner Redstone has sold his 87% stake in Midway Games for $100,000. The shares sold for .0012...
1 Dec 2008
Dec. 1 (Bloomberg) -- Sumner Redstone , the owner of CBS Corp. and Viacom Inc. , sold his 87 percent stake in video-game maker Midway Games Inc. for $100,000 to help restructure debts that threaten his family business.
1 Dec 2008
National Amusements, a media and entertainment company controlled by Sumner Redstone, is expected to announce on Monday that it sold its majority stake in Midway Games, according to a report in The Wall Street Journal.
1 Dec 2008
Media mogul Sumner Redstone has sold his 87.2 percent stake in Chicago-based video game publisher Midway Games to another investor, according to a Monday filing with the U.S. Securities and Exchange Commission.
1 Dec 2008
Dec. 1 (Bloomberg) -- Sumner Redstone ’s National Amusements Inc. holding company sold its 87 percent stake in Midway Games Inc. as he tries to keep control of CBS Corp.
1 Dec 2008
The Wall Street Journal reports that Redstone's 87% stake in Midway has been purchased by investor Mark Thomas for around $0.0012 a share, a substantial loss considering that Midway stock closed at $0.38 per share on Friday afternoon. ...
1 Dec 2008
Midway: "GTA 4 has changed gamers' expectations". 21. Speaking to VideoGamer.com at a recent press event in London, Wheelman creative director Simon Woodroffe revealed that Rockstar Games' Grand Theft Auto IV has changed what gamers ...
1 Dec 2008
Aw. And we thought he was going to Mortal Kombat his way out of this mess.
1 Dec 2008
Midway's biggest stockholder is apparently getting rid of all of his stock for a massive loss. Gamasutra reports (via a Wall Street Journal report) that Sumner Redstone will sell off all of his stock, which amounts to 87 percent of the ...
1 Dec 2008
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1 Dec 2008
Redstone sells Midway Games to ease debt: report | Deals - (Reuters) - Media mogul Sumner Redstone has sold his controlling stake in video game company Midway Games Inc (MWY.N: Quote , Profile , Research , Stock Buzz ) to a ...
1 Dec 2008