• mcv@lemmy.zip
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    9 hours ago

    Isn’t this basically a kind of insider trading? They wouldn’t be allowed to buy that stock, knowing that this deal is about to happen, but receiving it as part of the deal is okay? That doesn’t feel right to me.

    • psud@aussie.zone
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      24 minutes ago

      Any deal involving whole percentages of stock will affect the stock price, it’s insider trading when you get a call from someone at AMD before the deal is public, so you can profit. It’s not insider trading for AMD executives to exercise their stock options (which they already had) to profit from the stock movement they just authorised