The folks over at GameSpot have posted a story in their Rumor Control section, and it seems pretty legit. Essentially, this story broke because a number of former Midway employees have updated their LinkedIn profiles so that they now read "WB Games Chicago" instead of "Midway Games".

While GameSpot's calls were not returned, one of the LinkedIn profiles reportedly reads:

"I work at WB Games Chicago (used to be Midway Games Chicago) on the Mortal Kombat team."

To read the full article on GameSpot, click here. Their main source was a page on SuperAnnutation, which can be found here.