DeNA Board Of Directors To Vote On Zynga (ZNGA) Acquisition Believes Sierra World Equity Review
It's a perfect acquisition. ZNGA may nott survive on its own. But it has a ton of cash and no debt. Plus some strong sales. Facebook wants to buy it low, cut all the employees and variable expense, and bring the games into its fold. IMO, a Facebook acquisition of ZNGA makes a lot of sense. FB could pick up another $1 Billion in sales with very little incremental expense. Even Barron's is starting to talk about this.