Midway is in deep financial trouble, until now, the company had until January 19 to pay back some of it’s massive 150 million dollar debt to bond owners — this deadline has now been extended to February 19, 2009.
Back in December, the developer/publisher closed it’s Austin studio and simultaneously cut their workforce by 25% — some 180 jobs.
Tags: Business, Business, midway, News
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January 6th, 2009 at 6:17 pm
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