Snapchat Could Be Sold To Facebook, Analyst Tell Clients

Facebook has a growing list of companies it owns, but Snapchat isn’t one... yet. An analyst at FBN Securities, a New York City stock broker, wrote in an email to clients Wednesday that he believes Facebook would “love to acquire” Snapchat, if the price were right, according toBusiness Insider. The analyst, Shebly Seyrafi, said in the same email that he thinks Facebook would be willing to spend $14/share.