| As
per the Securities and Exchange Commission (SEC) filings, Redstone who controls
both CBS Corp. and Viacom under his National Amusements holding company, has sold
his 87.2 per cent stake to investor Mark Thomas for $100,000. Thomas,
under Acquisition Holdings Subsidiary I, purchased about 80.3 million shares of
Midway at $0.0012 cents a share. He will also take on a $70 million debt Midway
owes to National Amusements. Midway,
best known for its Mortal Kombat video game, had 92.1 million shares outstanding
as of 31 October. Redstone,
while facing a significant loss on the sale, will receive a massive tax benefit
to the tune of $800 million in the next year, which will go towards the $1.6 billion
debt of his company, National Amusements. | 
