Midway Newcastle: two weeks to find a buyer, or lights out
According to an (excellent) article posted this morning onThe Guardian, Midway Newcastle has until the end of the month to find a prospective buyer. Midway has beenhemorrhaging cashfor the past six years or so and, in February, the company filed for Chapter 11 bankruptcy. Warner Brothersoffered a $33 million takeover bid last month, but that deal would leave Midways Newcastle and San Diego offices out in the cold. The British devs — famous for last year’sWheelman— are currently working on an unannounced, open-world game that uses a heavily customized version of Epic Games’ Unreal Engine 3....