Anna is the executive responsible for information technology in –OAO- Target. Her senior colleagues asked her to participate in confidential discussions regarding the compatibility of the company’s information systems with those of a competitor. Representatives of both companies attended the meeting, and from the discussions that took place itwas obvious that the companies had entered into merger negotiations. Anna then purchased shares in both companies in anticipation of making a future capital gain.Nikita inherited a large sum of money from his father. He invested this in the shares of his employer, which is a company listed on the stock exchange, bidding up its share price. Immediately after doing so, he sold the shares for a large profit.Required:Discuss the extent to which the actions of Anna and Nikita were legal and ethical. (10 marks)
