Social media game maker Zynga is reading itself to file for an initial public offering, according to a report in All Things Digital. The filing with the Securities and Exchange Commission could come as soon as this week, or next week at the latest, according to the report’s sources. The rumor mill is running hot for social media IPOs, especially since LinkedIn’s stock price more than doubled with its explosive IPO on May 19. Wall Street investors are hungry for social media companies.
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Zynga Could Find Green Pastures With Reported IPO Plans
Posted by: Rob Spiegel May 25, 2011 11:38 AMSocial media game maker Zynga is reading itself to file for an initial public offering, according to a report in All Things Digital. The filing with the Securities and Exchange Commission could come as soon as this week, or next week at the latest, according to the report’s sources. The rumor mill is running hot for social media IPOs, especially since LinkedIn’s stock price more than doubled with its explosive IPO on May 19. Wall Street investors are hungry for social media companies.