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"Mortal Kombat" series of developers, headquartered in the United States Chicago Midway Games Game Development Corporation on Thursday said Thursday due to fears can not repay external debt, it has applied for a Chapter 11 bankruptcy protection.

By the end of November last year, media giant Sumner - Redstone (Sumner Redstone) the sale of a stake in the hands of Midaway after, with the transfer of ownership of the company, holding 100 million 5 million debt Midway two creditors may require 30 days to repay 100% of the repayment. Midway with two creditors were consulted, the repayment period will be delayed until this month. Midway now may not be able to repay this debt.

Midway's CEO Matt Booty said in a statement: "This is a difficult but inevitable decision. We have to work to shift the focus of the business restructuring and improve our execution. The bankruptcy petition can alleviate our creditors pressure, but also give us time to test our choice of strategy. "

Midway will be in Chapter 11 bankruptcy protection to continue operating as usual. The company is seeking to express their DE Bankruptcy Court for the instructions.