Seth Gilbert • May. 15, 2009
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Dec. 1, 2008, 7:27 AMSumner Redstone's holding company, National Amusements, will announce today it's selling its 87% stake in Midway Games (MWY) to investor Mark Thomas for $100,000 and the assumption of $70M in debt. The sale is expected to ease pressure on the family's stressed relationship with its lenders. | Comment!
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Country: United States
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