Friday, March 23, 2012

Zynga CEO Selling $225 Million Of Stock

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Zynga CEO Mark Pincus will be selling 16.5 million shares, or 15% of his stake, in the company's secondary offering, according to its latest SEC filing.

Based on yesterday's closing price that equals $227 million. Assuming a small discount to where it's trading, Pincus probably pocket $225 million.

Posted via email from Inspiration

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