SAC Capital Billionaire Cohen Increases Zynga Stake to 5.3%

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Billionaire Steven A. Cohen, who leads SAC Capital Advisors LP, increased his stake in casual video-game publisher Zynga Inc. to 5.3 percent.

Cohen controls 38.7 million shares, according to a regulatory filing yesterday, a holding valued at almost $173 million based on market prices. As of year-end, SAC reported a