BUSINESS BRIEFING / VIDEO GAMES
Times Wire Reports
Time Warner Inc. is said to be preparing a bid for Midway Games Inc., the struggling creator of the Mortal Kombat video game series.
Warner Bros. is among several suitors for Chicago-based Midway, according to people familiar with the situation. Midway filed for bankruptcy protection in February, two months after Sumner Redstone sold his 87% stake to investor Mark Thomas for $100,000.