Midway’s Target Price for Selling is $30 Million
Do you have $30 million laying around? If you do, you could purchase Midway Games right now! According to reports from Variety, the former gaming giant and the courts have agreed that $30 million is a safe price to sell the company. The plan is to deal away Midway for at least that specific price. If they do, 28 employees will earn a bonus, if and only the target is agreed and will spilt $600,000 individually. If the deal is actually completed, than additional $1 million dollar pool will be handed out. However, the goal for the Midway staff members, would be to sell for the publisher for even more cash, and if that happens — you guessed it, the 28 workers would receive more dough.
This agreement took place about ten days ago, between the courts and Midway, and it is called the “key employee incentive plan.” Which means, our company failed, but we can still earn crap loads of cash!
The company is also preparing to sell some of their more popular assets, including the famous Mortal Kombat franchise. Although, I think the company would be worth more if they sold it with the fighting game.
Who do you think will buy the failed company? For some reason, I do see Activision interested in the Mortal Kombat franchise, at the very least. The series has established itself as a successful name, which is Activision’s purpose in this life. Only release titles that have a ‘long term future.’



