By Jill Goldsmith Snapchat parent Snap Inc. said it plans to offer $750 million in senior notes to raise fresh cash and that it may use some of it for acquisitions. “Snap intends to use the net proceeds from the offering for general corporate purposes, including working capital, operating expenses, capital expenditures [and] may also use a portion of the net proceeds to acquire complementary businesses, products, services, or technologies.” The company also said it may use the case to repurchases Snap’s common stock, “although it has no commitments for any material acquisitions or stock repurchases at this time,” it said in a filng with the SEC.
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