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Tag: weeks
2009-01-06 23:48:35| paidContent.org
Midway Games has finagled a bit more time to settle its roughly $150 million in debt, but it's hard to see how that is going materially change matters for the troubled game publisher. Under a new forbearance agreement contained in this SEC filing, the company now has until Feb. 19 to pay back 7.125 percent of its convertible notes. (Via SAI.) As of Oct. 31, Midway had only about $10 million in cash and in December it cut 25 percent of its staff, closed its Austin studio and suspended development on non-core games. Two weeks prior to that, Sumner Redstone sold National Amusement's 87 percent stake to investor Mark Thomas for a paltry $100,000 in cash. Related Layoffs Roundup: Sun Media; Midway Games; Gaia Online; American Media Midway Games Facing Bankruptcy After Redstone's Sell-Off Redstone Sells Midway Games For PittanceAnd A Massive Tax Writeoff Check out the best business jobs in digital media. Go here for paidContent.org Job Board.
2009-01-06 01:22:34| USATODAY.com Money - Top Stories
Gasoline prices have risen for the first time in 16 weeks as higher crude oil costs were reflected at the pump, the government ...
2008-12-30 21:33:54| MoneyTec Traders Community
Forum: Intraday Trade Recommendations Posted By: FXDISCIPLINE Post Time: 25-12-2008 at 20:26
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