Zynga Inc (ZNGA)

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Guys! This Is HUGE...................
Summary
Mark Pincus has converted his founder super-voting stocks to ordinary stocks. His voting power is now reduced from 70% to 10%.

It is a generous gesture from Mr. Pincus. By giving up his super-voting/veto privileges, Zynga’s long-term strategy is now more flexible.

Pincus’ sacrifice means Zynga is now open to takeover bids. Zynga is an attractive M&A target. It is profitable and has no debt with $740 million in cash.

I hope Zynga will consider porting some of its Android/iOS games to Facebook’s Instant Games platform. Facebook has enabled in-app purchases on its Instant Games Platform.