Zynga Shells Out $7.5M In Acquisition
San Francisco-based social games maker Zynga has issued $7.5M in equity as part of an acquisition, most likely of Chinese social gaming firm XPD Media, according to a regulatory filing by the firm Friday. According to the filing, the equity was issued on May 14th, in relation to a merger or acquisition, although no details were released. Zynga announced its acquisition of XPD Media on May 20th, although it did not disclose any details of the deal.
posted on Friday, May 28, 2010
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