Zynga wastes no time taking advantage of stock-option tax break
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The ink from San Francisco Mayor Ed Lee's signature is barely dry on Supervisor Ross Mirkarimi's moratorium on stock-option taxes, and now the one company that the legislation will benefit most is talking about going public.
Various sources are reporting that San Francisco-based gaming company Zynga is set to announce its initial public offering Wednesday at $1.5 to $2 billion. Yes that's billion with a B. The company's total worth may reach $20 billion.
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