Activision Blizzard S Acquisition May Be Hindered By Insider Trading Investigations And Shareholder Lawsuits
The Securities Exchange Commission is looking into three particular individuals who are accused of trading stocks into the company days before the news about the deal went public. This would have been done in an effort to manipulate the stock market, which is not allowed. The three men involved in this are former 20th Century Fox president and CEO Barry Diller, Dreamworks co-founder David Geffen, and member of the German royal family Alexander von Furstenburg....