Wednesday, 29 June 2011

Zynga to File for $1 Billion IPO Tomorrow

http://www.bloomberg.com/news/2011-06-28/zynga-to-file-ipo-tomorrow-to-raise-as-much-as-1-billion-greencrest-says.html

Zynga, known for “FarmVille” and “Texas HoldEm Poker,”is joining the biggest wave of Internet IPOs since the dot-com heyday in 2000. LinkedIn Corp., Pandora Media Inc. and Yandex NV all went public in the past two months, and other Internet companies such as Groupon Inc. aim to benefit from the rebound with their own IPOs.

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