Baidu rejects "false" statement it plans to buy Zynga

(Reuters) - Chinese search engine firm Baidu Inc rejected as fake a press release issued on Monday that said it was to buy U.S. social gaming company Zynga Inc. Zynga shares jumped 4 percent in heavy premarket trading after the press release, on website www.prurgent.com, said Baidu would offer $10 per share for the company. Zynga shares eased back to $3.24, up 1.5 percent, in morning trade on the Nasdaq. Baidu's director of international communications, Kaiser Kuo, said the statement was false. Zynga was not available for comment. ...



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