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Good news for RNWK sentiment...CNBC's Kate Kelly just reported that Zynga has chosen Morgan Stanley as lead and Goldman Sachs in secondary lead role as underwriters for an IPO. Kelly says an IPO could value Zynga $15-20B and that IPO documents could be filed as early as tomorrow. Goal is to raise $1.5-2.0B and company has also held talks to put together a credit facility of at least $1B. |
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Msg # | Subject | Author | Recs | Date Posted |
23 | Re: Good news for RNWK sentiment... | Kwooz | 0 | 6/28/2011 4:30:20 PM |