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SAN FRANCISCO — Insiders at Zynga plan to sell nearly 43 million shares as part of a planned secondary offering by the social game maker, according to an updated filing Friday morning with the Securities and Exchange Commission (SEC).

CEO Mark Pincus plans to sell about 16.5 million shares, worth about $227 million at current market prices, as part of the offering. Other selling shareholders include several of the company’s venture capital investors and executives such as Chief Financial Officer David Wehner, Chief Operating Officer John Schappert and board members Reid Hoffman and Owen Van Natta.

Web search giant Google also is selling about 3.96 million shares of Zynga in the offering. Shares of Zynga were down about three percent to $13.30 after Friday’s opening bell.

To read more, go to MarketWatch

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