Sumner Redstone's holding company, National Amusements, will announce today it's selling its 87%...

|By:, SA News Editor

Sumner 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.