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News Flash

Zynga Founder & Others to Sell Shares

According to a report at nwi.com Zynga's CEO and other insiders have plans to sell 43 million shares of stock in a public offering.

The sale will boost the amount of stock available for general trading by 35 percent. The Class B stock that is owned by Mark Pincus and others will be converted to regular, Class A shares. Class B stock has seven times the voting power although all shares have the same ownership value. Read More...

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