Zynga Prices IPO at $8.50 to $10 a Share
Public debut could raise $925 million
Capping off a year of highly anticipated tech IPOs, social gaming company Zynga is expected to make its public debut next week, with a lower than expected valuation.
According to documents filed Friday with the SEC, the company plans to offer 100 million new shares, priced between $8.50 and $10 each. At that range, the company would raise about $925 million and be valued at as much as $7 billion. Previous estimates valued the company at as much as $14 billion.
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