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Sunday, February 13, 2011

Market Chatter -- Corporate finance press digest

The following corporate finance-related stories were reported by media on Monday: * Sanofi-Aventis has completed a review of the financial books and operations of takeover target Genzyme Corp , but the two sides continue to discuss a final price for a potential deal, according to The Wall Street Journal. * Online gaming group Zynga Inc is holding talks with potential investors which could lead to it raising $250 million in new funding, the Wall Street Journal reported. That may give Zynga a valuation of between $7 billion and $9 billion, the paper said, citing unnamed sources.

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