Zynga Preparing to File IPO

Online social gaming company Zynga is preparing to file for an initial public offering as early as Wednesday and hopes to raise up to $2 billion, people familiar with the matter said.

The maker of the popular FarmVille and CityVille games has picked Morgan Stanley to lead the offering, they said. Goldman Sachs Group Inc. is also a lead underwriter, and J.P. Morgan Chase & Co., Barclays Capital and Bank of America Merrill Lynch will play a role in the IPO, the people said.

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