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Zynga IPO To Begin Trading On December 16

Social games giant Zynga has filed new papers with the Securities and Exchange Commission, detailing plans about its upcoming initial public offering that it will price later this month. According to the new filing, and as reported by business website VentureBeat, Zynga is looking to raise between $850 million and $1 billion as part of the IPO, with a $5.9 billion to $6.99 billion valuation. With the IPO set to be priced on December 15, …