Midway Games files for bankruptcy
Midway Games has been looking for a buyer for the company but has yet to find any purchaser, and will be allowed to file for a chapter 11. Midway joins a growing number of video game companies feeling the pinch of the recession, while being a once popular video game brand name. The company is known for popular arcade and console games like Mortal Kombat, Doom 64, NHL Hitz, San Francisco Rush, Game Party, TNA iMPACT and many others.
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