Shares of HubSpot (HUBS) are up 6.3% to $627.58 after CNBC’s David Faber said that there have been many reports of HubSpot being in conversations with Google (GOOGL). Faber said that his understanding is that this is “absolutely true,” that Alphabet is planning an all-stock bid to acquire HubSpot.
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Read More on HUBS:
- M&A News: Alphabet (GOOGL) Set to Gain Competitive Edge with HUBS Deal
- M&A News: GOOGL Could Be in Advanced Talks With HubSpot
- HubSpot price target lowered to $635 from $710 at BMO Capital
- Alphabet talks for HubSpot ‘progressing,’ Bloomberg reports
- HubSpot price target lowered to $680 from $700 at TD Cowen