The much troubled and debt-laden publisher Midway has managed to convince their other $75 million note holders to back off until February 12th.
They’d already convinced the first lot to hold their money cries until the 19th of next month. Can Midway pony up the cash and avoid demise, or is it glue factory time?
Originally Midway had years before it would need to payback these large sums of money, but a change in majority stake ownership has let their creditors out of that agreement and given the right to demand the cash now.
Could upcoming action title The Wheelman hold success for Midway?
Source: Edge Online
