Friday, December 2, 2011

Zynga IPO to raise up to $1-billion

Media_httpbetaimagest_bdbse

Zynga Inc. will brave difficult market conditions and resume its delayed initial public offering this month, seeking a market valuation of up to $7-billion (U.S.).

The maker of CityVille and FarmVille for mobile devices and social networks such as Facebook will seek to raise up to $1-billion by selling 100 million shares in a projected range of $8.50 to $10 a share.

Posted via email from Inspiration

No comments:

Post a Comment