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Zynga (ZNGA +11%) soars as Kara Swisher reports Microsoft (MSFT -0.2%) Interactive Entertainment...

Zynga (ZNGA +11%) soars as Kara Swisher reports Microsoft (MSFT -0.2%) Interactive Entertainment (Xbox division) chief Don Mattrick is leaving, and is set to take a "top job" at Zynga, quite possibly that of CEO. Sources claim an announcement could arrive today. Zynga chairman/CEO Mark Pincus has taken plenty of heat from both investors and employees for his performance; his giant share of Zynga's voting rights should guarantee he'll maintain control of the company whether or not a new CEO is named.
Comments (6)
  • this would be massive for ZNGA.

     

    huge growth potential here.
    1 Jul 2013, 01:18 PM Reply Like
  • Thanks JANA!
    1 Jul 2013, 01:36 PM Reply Like
  • MSFT becomes an IT Goldman&Sachs. They place their pawns in each company to represent their interests and gain more influence on the concurrence. Smooth move! Next thing we'll know people will start to speculate on a takeover.
    1 Jul 2013, 01:40 PM Reply Like
  • Good day to be long ZNGA and short MSFT :-)
    1 Jul 2013, 02:02 PM Reply Like
  • And before the bell, you'll do wonders being short ZNGA and long MSFT.
    1 Jul 2013, 02:08 PM Reply Like
  • I'm not brave enough to short either one. Another thing in ZNGA's favor is the earlier report that they would benefit greatly if online poker becomes a reality. I'm all in :-)
    1 Jul 2013, 02:46 PM Reply Like
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