NYSE may delist Midway Games
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Times Wire Services
Midway Games Inc., the video-game publisher controlled by Sumner Redstone, was notified by the New York Stock Exchange that the company might be delisted because its stock price was too low.
Chicago-based Midway says it has six months to get the price above $1.
A delisting would give holders of Midway’s 6% and 7.125% notes the right to demand repayment, the company said in a quarterly filing this month.
Midway shares closed unchanged at 25 cents.
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