Zynga Considering November IPO
The gaming company is waiting for Groupon to go public
After delaying its IPO two months ago, social game developer Zynga is finally planning to go public next month, according to The Wall Street Journal—just as soon as Groupon completes its own highly anticipated public offering.
Sources told the WSJ that Zynga still hasn’t made a final decision about the date, and that it will likely depend on investors’ reception to Groupon and market conditions. Zynga filed for a $1 billion IPO in July and was expected to go public sometime in September, but at the end of August, the company decided to delay its IPO due to the rocky conditions on Wall Street.
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