Yahoo M&A speculation has Zynga (ZNGA +7.7%) shorts fleeing for the exits. Wunderlich's...

|About: Zynga (ZNGA)|By:, SA News Editor
Yahoo M&A speculation has Zynga (ZNGA +7.7%) shorts fleeing for the exits. Wunderlich's Blake Harper sees Zynga as a possible buyout target for Yahoo (YHOO), whose M&A chief recently said the company is working on two "significant" acquisitions (without elaborating), as the Internet giant tries to strengthen its mobile/social positioning. 16.4% of Zynga's float was shorted as of Feb. 15.