Warner's $33M Midway Acquisition Approved By Judge

posted 7/2/2009, 251d 9h 3m ago

Warner Bros. can proceed with its proposed buyout of beleaguered publisher Midway and its assets, following approval granted by a bankruptcy judge, reports the Chicago Tribune. The $33 million deal will close within 10 days. First proposed in May, it was the only offer made to acquire Midway. While most of Midway's assets are being picked up, Warner left a few studios and properties on the table. Midway San Diego and Midway Newcastle have 60 ...