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.

[–] null_dot@lemmy.dbzer0.com 12 points 12 hours ago

The rules about insider trading only exist to make poor people feel better.

[–] IronBird@lemmy.world 9 points 13 hours ago

the SEC does not exist under republican administrations and it only exists to protect rich people under democrat ones, as it has been literally since it was created.

whole goddamn US economy is built around speculation and insider trading trying to get an edge on that speculation

[–] psud@aussie.zone 13 points 16 hours 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

[–] MrSmith@lemmy.world 10 points 15 hours ago

Do you think rule of law exists in the US?

[–] genfood@feddit.org 46 points 23 hours ago

Nah, they are rich so it should be fine.