that none of the three men had private information about the looming merger. “It was simply a lucky bet,” he told the paper. “We acted on no information of any kind from anyone. It is one of those coincidences.”
The option buys were arranged privately through JPMorgan Chase — which, as part of a 2020 criminal settlement over market-manipulation claims, was required to report the trades to law enforcement after the merger deal was made public on January 18. The all-cash merger deal, the largest transaction in Microsoft’s history, will vault the company to the No. 3 spot among all global video game companies by revenue, behind Tencent and Sony. At $95 per share, the deal represents a 45% premium on last Friday’s closing price of Activision Blizzard stock. The latter’s various divisions make games including
good. bc gates just keeps being magically immune to monopoly law supposed to prevent one corporate entity gobbling up everything including healthy competition. glutton. buying up all kindsa land he and his kin can't all occupy but freezes the needy out of...grouse grumble grrr😒
What about buffet who bought billion right before?
Ohhhh to be a fly on the wall at Billy Diller & Deirdre Von Furstenberg's house right now 😳
'a third man'? Barry's step son. Just FYI