Zynga Is Said to Plan Initial Public Offering by End of June
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Zynga Inc., the biggest maker of games on Facebook, may file for an initial public offering by the end of June 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. 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.