Thursday, August 25, 2011

Zynga Is Said to Plan IPO!


Zynga Inc., the biggest maker of games on Facebook, may file for an initial public offering to capitalize on investors’ demand for shares of social-media startups, a person familiar with the plans said.
Zynga has met with representatives of Morgan Stanley and Goldman Sachs Group Inc. (GS) and is close to choosing bankers to help it prepare regulatory filings, said the person, who asked not to be identified because the deliberations are private.
Internet companies are lining up for IPOs after shares of LinkedIn Corp., the largest professional-networking site, more than doubled in their debut. 

Koyfman Says "LinkedIn a `Lesson' for Social-Media IPOs"


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