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Warner Bros. Interactive, flush off the loss of Eidos to Square Enix, appears to be making some moves of its own. Apparently, Warner Bros. has offered $33 million (USD) to bankrupt Midway for their Seattle and Chicago-based studios as well as the rights to the Mortal Kombat and Wheelman franchises. However, the deal would not include the acquisition of Midway’s San Diego or Newcastle studios nor the TNA wrestling franchise. As such, if the deal goes through, Midway may be on the path to solvency – less their most famed IPs. Right now both companies are awaiting approval from the bankruptcy court before the deal can go through.
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