Candy Crush Saga

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Potential Candy Crush Saga IPO Looks Sweet

A Candy Crush Saga IPO could be in the offing as its maker King is lining up banks to put together a U.S. initial public offering, according to The Wall Street Journal.

King's game Candy Crush Saga is presently the #1 game on Facebook (Nasdaq: FB) and the 2nd-most popular free game available on Apple Inc.'s (Nasdaq: AAPL) App Store. 

There is a lot of excitement surrounding King's announcement, but also a fair share of wariness.

That's because King's Cinderella story isn't unique. 

Remember the dramatic tale of Zynga Inc. (Nasdaq: ZNGA)?

The online gaming giant made the massively popular Facebook-based FarmVille game and acquired several makers of other hit games. 

In 2011, it priced its IPO at $10 a share, making it the biggest Internet IPO since Google's (Nasdaq: GOOG) back in 2004.  By early 2012, Zynga was worth $11.5 billion.

Indeed, Zynga looked to be going nowhere but up.

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