If this was an antitrust investigation it might make sense. But nothing here indicates this is an antitrust investigation. First, the Attorney General of Califo

If this was an antitrust investigation it might make sense. But nothing here indicates this is an antitrust investigation. First, the Attorney General of California is supposed to handle antitrust, not the Dept of Corporations. Second, to the best of my understanding, California antitrust law does not provide for the government to block mergers and acquisitions. Third, whether or what other offers Instagram received is not really relevant for an antitrust investigation. This seems to be an investigation as to whether Instagram screwed their investors by taking a low ball offer. And I am curious why the state is investigating this to begin with.