IPO

Zynga could file for IPO as soon as Wednesday: report

Reuters News
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Posted: Jun 28, 2011 1:19 PM

NEW YORK (Reuters) - Zynga could file for an IPO as soon as Wednesday, CNBC reported.

The IPO is expected to raise $1.5 billion to $2 billion and could value the company as high as $15 billion to $20 billion, CNBC reported.

Morgan Stanley is expected to lead underwriters on the IPO, with Goldman Sachs, Bank of America Merrill Lynch, Barclays and JPMorgan also expected to be among the underwriters, according to the report.