Snapchat
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Snapchat Mobile messaging startup rejects buyout offer from Facebook

Snapchat Mobile messaging startup rejects buyout offer from FacebookAccording to a Wall Street Journal repor, t mobile messaging startup Snapchat rejected an acquisition offer from Facebook Inc. This could have valued the company at $3 billion or more.

Reports say, Facebook representatives approached Snapchat recently to discuss the all-cash deal. This would have been Facebook's largest acquisition ever.

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