- Zynga (ZNGA -1.6%) has filed a Reg FD disclosure that today it's entered an acqui-hire deal by buying substantially all the assets and liabilities of two of CEO Mark Pincus' companies.
- Pincus had invested about $2.2M into SF Incubator and super.io Inc, and is selling them to Zynga for $1 plus the assumption of about $365K in liabilities.
- The key though may be the opportunity to acquire the up to nine employees and related IP that would come with the deal.
- Zynga's board formed an independent committee to vet the deal before the board (minus Pincus) unanimously approved.
Zynga buys out two Pincus companies for employees
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