Mashable! - Zynga Courts Goldman Sachs for IPO [REPORT]

Zynga is trying to get Goldman Sachs to lead its IPO and provide a credit line of more than $1 billion for acquisitions, according to a report.

Goldman Sachs will likely make its decision Friday, according to Bloomberg. Reportedly the game maker will file for an IPO by the end of the month.

Zynga's looming IPO comes after LinkedIn went public in May, more than doubling its per-share asking price on opening day and surging to a valuation of $8.9 billion. Morgan Stanley, Bank of America Merrill Lynch and JPMorgan led that IPO. Groupon also filed for an IPO on Thursday underwritten by Goldman Sachs, Morgan Stanley and Credit Suisse Group AG. Goldman Sachs is also a key investor in Facebook, which has not yet set a date for its IPO.

More About: facebook, goldman sachs, groupon, ipo, Morgan Stanley, Zynga

For more Business & Marketing coverage:

  • Follow Mashable Business & Marketing on Twitter
  • Become a Fan on Facebook
  • Subscribe to the Business & Marketing channel
  • Download our free apps for Android, Mac, iPhone and iPad

notify.mealways connected...
Manage Notification Settings