The U.S. Department of Justice is investigating a breakfast meeting between Activision CEO Bobby Kotick and investor Alexander von Furstenberg, as part of its probe into possible insider trading related to Microsoft's $69 billion takeover bid for Activision, per the WSJ.
Why it matters: There's often unusual options trading activity ahead of big merger announcements, but the Feds either look the other way or nab small-timers. If there's a real case to be made here, it would be the highest-profile in memory.
