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Chicago-based Midway Games bought Paradox Development, the developer of the Mortal Kombat series, for $3.6 million in stock as part of its plan to gain profitability by producing mature-themed video games. Paradox will release Mortal Kombat: Shaolin Monks in the fall of 2005.

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Edited by Cara DiPasquale (cdipasquale@tribune.com) and alBerto Trevino (atrevino@tribune.com)