Warner Bros. in Battle for Midway?

Citing "reliable sources," MCV reports a rumor that Warner Bros. is gearing up to make a bid for Midway, the developer and publisher that's been struggling for years, and even more so since being sold off by media mogul Sumner Redstone last year. They describe Warner's interest in IP like Mortal Kombat and Stranglehold (which is apparently a franchise), but the possibility remains that Midway's IP and studios may be sold off separately. They offer a direct quote from their source: "Warner is pretty confident that they will get Midway – which will be an immediate boost to their portfolio. The deal isn’t done yet. Midway is still open to offers from other potential buyers – but Warner looks to be favourite to wrap it up. They look ready to put the money on the table."