OMG: Zynga To Write Off 95 Million USD On OMGPOP PurchaseOctober 6, 2012 7:49 am
Well, this is not quite the DrawSomething that Zynga had asked for. We spotted (Source: BGR) that Zynga would write off 85 to 95 million USDs on its purchase of OMGPOP, the maker of the hit app DrawSomething.
This is one reason you got to be careful when buying into ‘sensational’ hits. They might not remain sensational forever, and you might be the one left standing when the music stops.