T. Rowe Price Group Inc. [see profile] and
Fidelity Investments [see profile] are in talks with Zynga Inc., the biggest maker of games on Facebook, to make a capital infusion into the company,
Bloomberg reports.
The
Wall Street Journal also
reported that the San Francisco-based company is looking to raising some $250 million from investors at a valuation of as much as $9 billion.
T. Rowe Price reportedly also owns stakes in Twitter Inc. and Angie’s List and, along with Fidelity, previously invested in Slide Inc., which was bought by Google Inc. in 2010. Zynga’s popular games, “CityVille” and “FarmVille,” have 96.3 million and 51.3 million monthly active users, respectively, according to AppData.com.
The
San Francisco Chronicle and
The Guardian also covered the story.  
Edited by:
Hung Tran
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