Pursuits
Zynga Sale May Cap Biggest Week for U.S. IPOs Since March
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Zynga Inc. and Michael Kors Holdings Ltd. are leading the biggest week for U.S. initial public offerings in nine months, betting their surging sales will attract investors.
Zynga, the largest maker of games on Facebook, luxury-clothing designer Kors Holdings and nine other companies are seeking as much as $3.8 billion in IPOs this week, data compiled by Bloomberg show. That’s the most since the five days starting March 7, when HCA Holdings Inc. raised $4.4 billion.