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THURSDAY, NOVEMBER 26, 2009
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NEWS ABOUT: Michael Thomas

Michael Thomas stories: 1 news summaries

Redstone Sued Over Midway Games Sale

Stake in Mortal Kombat company sold for peanuts for tax writeoff

(Newser) - Creditors of the video-game company behind the Mortal Kombat series are suing Sumner Redstone and board members after Redstone, Midway’s former majority owner, sold the company in a “fraudulent transfer,” the Chicago Tribune reports. Creditors say the media mogul sold his 87% stake for just $100,000... More »

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fraud Sumner Redstone lawsuit Mortal Kombat sale video games Jay-ZTV Midway Games Michael Thomas

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