The Advertiser: Jobs go as Ratbag's new owner pulls plug
"Sources close to the company said U.S.-company Midway Game's worldwide studios senior vice president Matthew Booty was in Adelaide to deliver the bad news to about 70 stunned staff on Tuesday night."
Why stunned? The company was sold to overseas interests. They can do as they please with it or cut it out as a competitor. That is their right as the purchaser. They seem to have paid for it in shares. Odd...or am I finacially ignorant and shares are a good thing to be paid in? I like the colour of money.
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