Redstone May Boost Stake in Midway Games

Sumner Redstone, chairman of Viacom Inc. and the largest shareholder in video game publisher Midway Games Inc., may seek to boost his stake in or acquire the company, he said in a regulatory filing.

In a statement filed with the Securities and Exchange Commission, Redstone, who holds more than 48% of Midway individually and through his company, said there was no timetable to complete a review of his options, which could also include seeking a seat on Midway’s board.