‘Lucky’ Activision stock purchase that led to $60M profit under investigation

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Three males who’ve hyperlinks to Activision Blizzard CEO Bobby Kotick are presently below investigation for alleged insider buying and selling, in keeping with The Wall Street Journal.

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Producer and movie studio government David Geffen, Fox co-founder Barry Diller, and investor Alexander von Furstenberg are stated to have bought round $108 million value of Activision shares simply 4 days earlier than the Microsoft acquisition was introduced again in January (thanks, The acquisition netted the trio a revenue of round $60 million.

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