Natural Search Blog » Insider-Trading http://www.naturalsearchblog.com Thought leaders in search engine optimization weigh in with the latest SEO news and commentary Tue, 02 Dec 2008 19:00:36 +0000 http://wordpress.org/?v=2.6.5 en © pliesse@netconcepts.com () pliesse@netconcepts.com() Thought leaders in search engine optimization weigh in with the latest SEO news and commentary pliesse@netconcepts.com No no http://naturalsearchblog.dev.netconcepts.com/wp-content/plugins/podpress/images/powered_by_podpress.jpg Natural Search Blog http://www.naturalsearchblog.com 144 144 Acxiom to be Acquired by Private Equity Firms - Marred by Insider Trading http://www.naturalsearchblog.com/archives/2007/05/21/acxiom-to-be-acquired-by-private-equity-firms-marred-by-insider-trading/ http://www.naturalsearchblog.com/archives/2007/05/21/acxiom-to-be-acquired-by-private-equity-firms-marred-by-insider-trading/#comments Mon, 21 May 2007 13:39:41 +0000 Chris http://www.naturalsearchblog.com/archives/2007/05/21/acxiom-to-be-acquired-by-private-equity-firms-marred-by-insider-trading/ Silver Lake Partners and ValueAct Capital Partners LP will buy out Acxiom Corporation (ACXM) for $ 3 billion. As you may be aware, Acxiom is one of the top yellow pages data aggregaters, assembling a nationwide database of business listings by compiling information they obtain from printed yellow pages books of all the major directory companies.

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Unfortunately, Bloomberg reports that a lot of Acxiom options were abruptly and suspiciously traded on May 10th, six days prior to the announcement of the acquisition. The spike in trading in that security was ten times higher than average.

The SEC is now investigating, and it’s probably not going to be hard for them to determine if some employees acted on insider knowledge.

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