The purchase of ActivisionBlizzard by Microsoft continues to generate all kinds of information around it. It is not for less, because it is the largest acquisition in the history of the video game industry. Now, in that sense, we have known that three linked people to the CEO of the company, Bobby Kotick, they bought stock from Activision Blizzard four days before the deal with Microsoft was announced. so it has made known the Wall Street Journal, which points to the opening of an investigation by the relevant agencies to try to discern if there has been privileged information, called insider trading in English and that it is a crime in the United States.
According to this source, the three people who would have bought up to $108 million in stock from Activision Blizzard would be Barry Diller, David Geffen, and Alexander von Furstenberg. The suspicion about the alleged privileged information that falls on the already controversial Bobby Kotick is justified. As the WSJ points out, Diller is the founder of Fox and was on the board of directors of Coca-Cola together with Kotick, a position from which he resigned yesterday. For his part, Geffen is a close friend of Diller and is married to Diane von Furstenberg, mother of Alexander von Furstenberg, the third party in this convoluted story.
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The United States Department of Justice is already investigating the matter, although Diller has already offered statements to the Wall Street Journal in which he affirms that it was only “a matter of luck”. Waiting to know how this case progresses, yesterday we learned that Kotick was leaving the board of directors of Coca-Cola to focus on his work as CEO of Activision Blizzard, a position that he will leave at the disposal of Phil Spencer once the agreement with Microsoft is closed and after payment of a multimillion-dollar compensation.