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Midway's shares slump 12%

News by Mike Bowden Staff Writer (Former)

Published on Oct. 22, 2008

Midway's shares slumped 12% on the New York Stock Exchange yesterday, meaning the sare value hit a 52 week low of 79 cents per share, writes Edge.

Meanwhile, Forbes is reporting "that Sumner Redstone, the majority-owner of Midway Games’ parent company National Amusements, is said to be 'wrapped up in talks with his creditors'."

Oh dear.

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