Alphabet, Google's parent company, is reportedly considering a potential $34bn acquisition of HubSpot.
Alphabet, Google's parent company, is reportedly considering a potential takeover offer for HubSpot, an online marketing software company valued at $34bn. If Alphabet moves forward with the offer, it would be the company's largest acquisition to date. Alphabet has met with Morgan Stanley investment bankers in recent days to discuss potential antitrust implications and an appropriate offer amount. HubSpot shares jumped 6.7% on the news, while Alphabet fell 1.5% in New York.
April 04, 2024
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