And the soap opera surrounding the demise of Midway continues! This week, stay tuned as former majority shareholder Sumner Redstone and several former board members are sued for “corporate waste and unjust enrichment”.
Midway’s creditors—and the judge presiding in the company’s bankruptcy case—sound… displeased by the Chicago-based developer and publisher’s sale to private (mystery!) investor Mark Thomas. The judge calls it “a matter of very, very serious concern.”
The U.S. Bankruptcy Court has subpeonaed multimedia mogul Sumner Redstone and his daughter Shari in order to investigate the strange circumstance behind his $100k sale of Midway Games to Mark Thomas.
It will be a very merry Christmas at the Rigopulos and Egozy households this year as the two Harmonix founders are about to have a December to remember — read: a new Lexus for the wife with obligatory gargantuan bow. In addition to rumoured Jelly of the Month Club memberships, Alex Rigopulos and Eran Egozy have been paid a $US150 million bonus for “exceeding performance targets” last quarter with Rock Band series.
