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Links Drawn Between Activision CEO and GOP Campaigns

Bobby Kotick, CEO of video game maker Activision (NASDAQ:ATVI), has another secret company that he used to donate big money to Republican campaigns.

The company, Norgate LLC, contributed $500,000 through two separate checks to the Senate Leadership Fund during the 2020 election cycle, according to Federal Election Commission filings reviewed by CNBC. That political action committee is run by allies of Senate Minority Leader Mitch McConnell and was created to support Republicans running for the Senate.

Media reports circulated Tuesday about another secret Kotick company, called 807080A LLC, which had given big donations to Republican causes.

On one of its two FEC filings, Norgate lists an identical California address to 807080A LLC. The latter firm has contributed at least $100,000 funding Republican efforts, including a super PAC backing former Bridgewater CEO Dave McCormick, who is running for Pennsylvania’s Senate seat in a GOP primary.

The second Norgate FEC filing shows an address that is an approximately one minute walk from the other location, according to Google Maps.
Media outlets reported on 807080A and their donation to the pro-McCormick outside group. Both private companies have matching addresses to two of Kotick’s foundations. The contribution to the Senate Leadership Fund marks the biggest known donation the Activision CEO has made to a political organization.

ATVI shares gained 33 cents early Friday to $81.30.