Saturday, December 3, 2011

Zynga Sets Price Range For IPO At $8.50 To $10 Per Share, Will Raise $1B

zyngaSocial gaming giant Zynga has just filed its updated S-1 with pricing information ahead of its roadshow. The price range, according to the filing, will be between $8.50 and $10 per share. Offering 100 million shares, the company plans to raise as much as $1 billion. As reported previously, this price range gives Zynga a $10 billion valuation. Zynga plans to list on the Nasdaq under the symbol 'ZNGA.'

Source: http://feedproxy.google.com/~r/Techcrunch/~3/kuCaU68hEAk/

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