Facebook (FB) No Longer Prohibited from Developing Own Games; Zynga (ZNGA) Falls
Tweet Send to a Friend
Facebook (NASDAQ: FB) is ticking higher in late trading following an 8-K filing of an amended agreement with Zynga (Nasdaq: ZNGA).
Under the agreement: "effective on March 31, 2013, certain provisions related to web and mobile growth targets and schedules will no longer be applicable and Facebook will no longer be prohibited from developing its own games" emphasis ours].
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
Under the agreement: "effective on March 31, 2013, certain provisions related to web and mobile growth targets and schedules will no longer be applicable and Facebook will no longer be prohibited from developing its own games" emphasis ours].
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
You May Also Be Interested In
- Pandora (P) Gets Even More Social with New Facebook (FB) Timeline App
- 3D Systems (DDD) Launches Cubify Draw on Apple (AAPL) iOS
- J.P. Morgan (JPM) CEO Dimon Might Have Enough Votes to Stay Chairman - NY Times
Create E-mail Alert Related Categories
Corporate News, Hot Corp. News, Hot List
Login with Facebook
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
