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Prospect News home > News index > List of issuers M > Headlines for Midway Games Inc. > News item
Published on 12/1/2008 in the Prospect News Special Situations Daily.

Midway Games shareholder Sumner Redstone sells remaining shares for $0.0012 each

By Lisa Kerner

Charlotte, N.C., Dec. 1 - Investor Sumner M. Redstone and his affiliates sold their entire 87.2% stake in Midway Games, Inc., or approximately 80.3 million shares, on Friday for $0.0012 per share to Acquisition Holdings Subsidiary I LLC, it was reported in a schedule 13D/A filed with the Securities and Exchange Commission.

Midway Games is a Chicago-based developer and publisher of interactive entertainment software for the videogame market.


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