According to a report from The New York Times' DealBook, Zynga - the San Francisco-based company responsible for the massively popular social games FarmVille and CityVille - is finally committing to its IPO.
An anonymous tipper revealed that an investors' roadshow is planned for Monday 5 December, with a revised prospectus due to arrive by the end of the week. The company is expected to go public by mid-December.
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Earlier in November, Zynga CEO Mark Pincus had to defend his company's harsh tactics when certain employees were forced to relinquish their pre-IPO shares.
"We have nothing to hide in our past and present policies and I am proud of the ethical and fair way that we've built this company. As many of you have heard me say - we're building a house that we want to live in," Pincus retorted.
It's not the only time Zynga's inner workings have been under scrutiny, as earlier this week (November 28) the New York Times highlighted a series of complaints raised by current and former employees.
It's also coming under pressure from wider economic conditions.
[source: DealBook]
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