Times are tough even for Sumner Redstone. To help his debt problems, Redstone has sold his controlling stake in video game company Midway Games Inc. to a private investor, reports
The Wall Street
Journal. Midway's holding company, National Amusements Inc., is expected to announce Monday that it sold its 87% stake in Midway to investor Mark Thomas, a move that secures a hefty tax benefit.
NA is carrying $1.6 billion in debt.