3 ms·
I thought that Zynga leased it's office space -not bought it.
by jmcguckin 10y ago
I thought that Zynga leased it's office space -not bought it.
- wmf 10y agoThey bought it in 2012 and are in the process of doing a sale-and-lease-back deal. About the headline of this story, it's a little silly not to count cash as part of a company's valuation since that money had to come from somewhere. But the fact that 3/4 of Zynga's value is cash indicates that people think the company is on the decline.