Microsoft in January agreed to acquire Activision for $95 a share, or $68.7 billion in total, in the biggest video-gaming industry deal in history. It received requests for information from the U.S. Securities and Exchange Commission and received a subpoena from a Department of Justice grand jury. The requests ‘appear to relate to their respective investigations into trading by third parties – including persons known to Activision Blizzard’s CEO – in securities prior to the announcement of the proposed transaction,’ the company said in a securities filing on Friday. The company did not name the parties, nor say whether the grand jury subpoena was directed at any employee. Media moguls Barry Diller and David Geffen, and investor Alexander von Furstenberg, acquired share options after . . .
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