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Zynga (ZNGA) IPO Expected at 11AM ET

December 16, 2011 8:39 AM EST
Zynga (Nasdaq: ZNGA) IPO is expected open on the NASDAQ at approximately 11:00AM. This time is subject to change. The company priced 100M shares at $10.

The offering is being led by Morgan Stanley and Goldman Sachs.

Zynga will have approximately 700 million shares outstanding after the offering, giving the company a valuation of $7 billion.


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