SubscribeMark Thomas
"Mark Thomas" is currently a popular topic for Midway Games writers. We have "Mark Thomas" focused insightful blog posts, breaking news, and more for you from our Midway Games collection.
Stories
Year 2009
Midway Creditors Settle With Investor Mark Thomas
Original at Gamasutra 
• Mon, Jun 8
by Kris Graft Creditors for bankrupt Chicago-based Mortal Kombat house Midway Games have entered into a settlement agreement with Mark Thomas, a little-known investor who bought the publisher from media mogul Sumner Redstone last year. ...
Midway Games Creditors Settle Suit With Shareholder Mark Thomas
Original at Bloomberg • Fri, Jun 5
According to the settlement, Acquisition Holdings Subsidiary I LLC, an affiliate of Thomas, would collect the $5 million from the proceeds of the sale of Midway, maker of the “Mortal Kombat” game. The payment would be reduced by any money Midway paid ...
Midway's Money Almost Gone
Original at PSX Extreme • Fri, Apr 10
Well, no wonder the Mortal Kombat designers want to jump ship. The situation at Midway has apparently gone from bad to worse. GamePolitics reports that Midway owner Mark Thomas filed "a heavily-redacted statement" with the US Bankruptcy Courts, ...
Searching for Midway's Mystery Investor [Midway]
Original at Kotaku • Sun, Feb 15
By Owen Good The Chicago Tribune went looking for the mystery investor whose $100,000 buy-up of 87 percent of Midway could reap a profit in the millions under Chapter 11 reorganization. They didn't find much. Guessing Game over Mark Thomas Vexes Midway Games' Creditors [Chicago Tribune, thanks Will...
Midway Staves Off Bankruptcy For Another Month
Original at GamePolitics • Wed, Jan 7
By gamepolitics As GamePolitics reported last month, Mortal Kombat publisher Midway was sold at the fire sale price of $100,000 to mystery investor Mark Thomas, who also assumed $150 million worth of Midway debt. It's worth noting that Midway is scheduled to release Wheelman on February 16th. Could sal...
Will Midway Vaporize in January? ...Pachter Explains
Original at GamePolitics • Fri, Dec 5
By gamepolitics Along with assets like the Mortal Kombat and Blitz: The League game franchises, mystery man Mark Thomas also bought himself $70 million worth of Midway debts. The other real interesting thing is the change of control provision. While not uncommon, this one makes it clear that the credito...
Majority Shares Of Midway Sold
Original at BeyondUnreal • Mon, Dec 1
• 4 related articles
By news@beyondunreal.com (hal) According to Reuters, Sumner Redstone has unloaded his 87% shareholdings in Midway for a mere $100,000 (or $0.0012 a share) and a hefty tax write-off. Redstone's National Amusements corporation is facing outstanding debt in the neighborhood of $1.6 billion. Private investor Mark Thomas...
Related articles from GamePro.com, 1UP.com, Virgin Media, nextgn.com.
Midway Games Sold for $100,000
Original at nextgn.com • Mon, Dec 1
• 4 related articles
By Yogev Sumner Redstone has sold his controlling stake of Midway Games (87 per cent) for a paltry $100,000 - $0.0012 per share to Mark Thomas. Source Sumner Redstone has sold his controlling stake of Midway Games (87 per cent) for a paltry $100,000
Related articles from GamePro.com, 1UP.com, Virgin Media, BeyondUnreal.
RSS Feed for Midway Games
Loading...