Midway President Promises End To Stock Sales

Midway president and CEO David Zucker has moved to quell concern over his recent sale of Midway common stock. Zucker has claimed that the sales were “related to the payment of taxes on restricted shares, the payment of taxes and exercise prices on my stock options and the payment of certain unusual personal expenses associated with the purchase of real estate.” He also added that, “I have complete confidence in Midway's future and I do not intend to sell any Midway stock for the next several years." Source: Business Wire