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Kotick and Kelly will personally invest $50 million each. The CEO received total compensation of $64.9 million last year, making him one of the top-paid U.S. CEOs. He has been a director and CEO of Activision since February 1991.
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New York mayoral candidate Anthony Weiner, left, says he'll stay in the race despite admitting he sent sexually explicit online chats and photos even after he resigned from Congress over the same type of behavior. His wife, Huma Abedin, right, says she knew all about it and is sticking by her man.
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Investors like the Glazer family at Manchester United, Arsenal's Stan Kroenke and Boston Red Sox owner John W. Henry at Liverpool have been drawn by the Premier League's ability to generate vast sums of TV cash and support from fans all over the world.
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The cost of insuring against losses on corporate bondsdropped, with the Markit iTraxx Europe Index of credit-defaultswaps on 125 investment-grade companies declining 3.3 basispoint to 105.3, the lowest level in more than a month.