Zynga Could be Worth $15B - $20B in IPO
I received some important news from CNBC’s Kate Kelly about the potential IPO of the social gaming company behind Farmville called Zynga. Kelly reported details of a mass evaluation that may be associated with an offering. Zynga is planning to file its IPO registration documents with the Securities and Exchange Commission as early as tomorrow. The gamemaker is based in San Francisco and aims to secure between $1.5 billion and $2 billion dollars.
I received some important news from CNBC’s Kate Kelly about the potential IPO of the social gaming company behind Farmville called Zynga. Kelly reported details of a mass evaluation that may be associated with an offering. Zynga is planning to file its IPO registration documents with the Securities and Exchange Commission as early as tomorrow. The gamemaker is based in San Francisco and aims to secure between $1.5 billion and $2 billion dollars.
The company selected Morgan Stanley to lead its offering with Goldman Sachs in the secondary slot with several banks also involved.
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