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Deals Rumor Mill: Snapchat, Dr Pepper Snapple, RPC Group

By Benjamin Horney (October 26, 2016, 4:05 PM EDT) -- Snap Inc., the company behind popular vanishing-photo messaging app Snapchat, hopes to raise up to $4 billion in its planned initial public offering, Bloomberg reported on Wednesday. According to the report, the offering could value Snap at as much as $40 billion. Reports earlier this month said Snap had tapped Morgan Stanley and Goldman Sachs Group Inc. to lead its market debut, which could take place as soon as the first quarter of next year....

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