Tuesday, 25 May 2010

Liquidation Of Midway Has Been Approved

A recent ruling by a US bankruptcy judge has been approved for liquidation plans of Midway Games who had brought many franchises to gamers over the years including motion capture fighter Mortal Kombat. This will allow them to progress with means of paying creditors for the sale of assets to Time Warner when they had made an offer for the company back in 2009.

It is sad to see the company essentially be broken down but times are tough even for those companies staying afloat in the games industry right now. Who knows, maybe they will be back in some guise over the next few years but for now Midway can be laid to rest and remembered fondly.

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