Games and Gadgets
Should Redstone decide to sell shares in the next three years, he could be forced to pay Sumco up to $4 for each share of Midway he sells, presumably in an effort to pay down the debt to Citicorp. Thanks to the deal, Sumco owes about $13 in debt to Citicorp for each share of Midway it gained from Redstone.
Shares of Midway closed Thursday off 64 cents, or 3.1%, to $20.11.TheStreet Premium Services
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note |
|
|---|---|---|---|---|
| 12,419.86 | 1,313.32 | 2,837.36 | 16.25 |
Oil *
103.00
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|
DOWN
160.83 |
DOWN
19.10 |
DOWN
33.63 |
DOWN
1.06 |
10 Yr
1.62%
SPDR Gold
151.91
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-1.28%
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-1.43%
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-1.17%
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-6.12%
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Data delayed 20 minutes |
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