"SEC Ends Probe Of Trades Before Activision-Microsoft Merger With No Action; The SEC And Justice Department Looked Into Options Purchases Of The Videogame Maker By Barry Diller, Alexander Von Furstenberg And David Geffen In 2022"

"SEC Ends Probe Of Trades Before Activision-Microsoft Merger With No Action; The SEC And Justice Department Looked Into Options Purchases Of The Videogame Maker By Barry Diller, Alexander Von Furstenberg And David Geffen In 2022" - WSJ

-0.55%

Microsoft Corporation

MSFT

475.92

-0.55%

https://www.wsj.com/finance/regulation/sec-ends-probe-of-trades-before-activision-microsoft-merger-with-no-action-b13cce7c?mod=finance_lead_story

Securities regulators have ended an investigation into large bets that Barry Diller, Alexander von Furstenberg and David Geffen made on Activision Blizzard days before the videogame company agreed to be acquired by Microsoft in 2022.

The Securities and Exchange Commission this week sent letters to Diller, von Furstenberg and Geffen saying it doesn't plan to accuse them of insider trading tied to their purchase of Activision options.

More This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.