Warner Bros. has nabbed most of Midway Games' assets in bankruptcy court for a cool $33 million, which includes studio rights to "Mortal Kombat," "Spy Hunter," "Joust" and several other game franchises, according to Variety.
A Delaware bankruptcy court judge authorized the deal last week, saying that the objections to the transaction had been resolved.
Midway filed for bankruptcy protection earlier this year. Sumner Redstone had sold his 87% stake to Mark E. Thomas last year for only $100,000 along with the assumption of $70 million of Midway debt.
Midway's creditors agreed last month to give Thomas a $5 million payment.
Warner declined to comment on its plans for Midway. And it opted not to buy two Midway development studios in San Diego and Newcastle, England.