Financially-troubled game publisher Midway has been sold for a mere pittance of its former value.
Reuters reports that media tycoon Sumner Redstone (left) unloaded his controlling interest in the Mortal Kombat publisher for $0.0012 a share, or about $100,000.
Hell, at that price any gamer with a full-time job could have gotten a loan and owned their own game company.
The buyer is investor Mark Thomas. In addition acquiring Midway’s assets, however, Thomas also bought himself $70 million worth of Midway debts.
In doing the deal Redstone, 85, takes a huge loss on his initial investment in Midway but realizes an $800 million tax saving for his media conglomerate, National Amusements.
As for Mark Thomas, in a year or two we might be toasting him as the man who saved Midway. Or, he could be the answer to the trivia question, "Who was Midway’s final owner?"