Deals Rumor Mill: Yahoo, Platform Specialty, Kellogg

By Benjamin Horney (October 3, 2014, 5:58 PM EDT) -- After striking it big with a $1 billion investment in Alibaba Group Holding Ltd. nearly a decade before the Chinese e-commerce giant would go on to make history with its initial public offering just last month, Yahoo Inc. is looking to replicate its success with an investment in Snapchat Inc., according to a Friday report from the Wall Street Journal. Yahoo and Snapchat, which is a mobile device app that allows users to send messages that vanish after a second number of seconds, have reportedly had discussions that could lead to Yahoo making an investment during Snapchat's current funding round. While it remains unclear how much Yahoo plans to invest, the funding round could value Snapchat at $10 billion, the report said....

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