Midway : Midway Has a Better Solution

"Mortal Kombat" developer Midway's situation can be said that is not optimistic. But apparently the company's management is also an opportunity for the last point. The United States on the 16th local time, Midway announced that they have 75 million debt with a major creditor of the company reached agreement grace. The game makers the latest debt repayment period is February 12.

And with other companies a total of 75 million claims of creditors initial results of the negotiations, Midway will seek reimbursement in February before this part of the debt swap. Currently, Midway company saddled with a total of 100 million 5 million of external debt.

Originally these debts are not due until 2025, but due to the company's largest shareholder Sumner - Redstone (Sumner Redstone) would be the hands of the sale of Midway shares, the new agreement led to the creditors of the company may be required to repay within 30 days so that the situation was worrying Midway. The once popular game developers can shut down Austin studio and laid off 25 percent.