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Bankruptcy. In February 2009, Midway Games filed in Delaware for Chapter 11 bankruptcy. In July 2009, Warner Bros. purchased most of Midway's assets for $33 million plus receivables, realizing about $49 million from the transaction.
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Feb 17, 2010 · With the bankruptcy and name change and all that, all Midway games have been removed from XBLA. They still seem to be available on PSN.