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Important Importables
Jenni Lada brings us information about all of the groovy new gaming imports from around the world.
According to Games Industry Biz, Kotick exercised stock options on 1.93 million shares allowing him to buy them for $1.03 and sell them for between $11.43 and 11.54 each.
Also making a pretty penny through stock options this week was one of Activision’s Co-Chairman, Brian Kelly. He exercised options that cost him $5.1 million to acquire and sold for $15.6 million. These moves were made Wednesday (November 11, 2009), a day after the release of Call of Duty: Modern Warfare 2, which made an estimated $310 million in the United States and United Kingdom on its first day.
The at times brash Kotick has his fair share of critics, but Activision’s stockholders are likely not among them.
Read [Games Industry Biz] Also Read [Gamertell]
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