Zynga Founder Mark Pincus Cedes Control Of Company

Social game developer Zynga is changing its stock structure in a way that reduces the voting power of its founder, Mark Pincus, it announced Wednesday. When Zynga went public in December 2011, it had a three-class stock structure. Pincus was the sole owner of all Class C shares, as well as the majority owner of […]

Topics:  mark pincus   december   class c   zynga   owner   structure   stock   

 

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