AI
Thursday, April 04, 2024 10:41:31 AM
Hubspot (HUBS)
Market Chatter: Alphabet Talking With Advisers About Potential HubSpot Offer
10:19:48 AM ET, 04/04/2024 - MT Newswires
10:19 AM EDT, 04/04/2024 (MT Newswires) -- (Updates with additional details.)
Alphabet (GOOG, GOOGL) has been speaking to its advisers about possibly making an offer for HubSpot (HUBS), Reuters reported Thursday, citing people familiar with the matter.
The technology giant had a meeting with Morgan Stanley's (MS) investment bankers recently to discuss how much it should offer and whether a transaction would be cleared by regulators, the report said, citing the sources.
There is no guarantee that Alphabet will submit a proposal to HubSpot and there is no certainty it will do so, the report added.
Alphabet, HubSpot, and Morgan Stanley did not immediately respond to MT Newswires' requests for comment.
Alphabet's stock was down 1.2%, while HubSpot's shares rose 5.5% in recent trading.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
Market Chatter: Alphabet Talking With Advisers About Potential HubSpot Offer
10:19:48 AM ET, 04/04/2024 - MT Newswires
10:19 AM EDT, 04/04/2024 (MT Newswires) -- (Updates with additional details.)
Alphabet (GOOG, GOOGL) has been speaking to its advisers about possibly making an offer for HubSpot (HUBS), Reuters reported Thursday, citing people familiar with the matter.
The technology giant had a meeting with Morgan Stanley's (MS) investment bankers recently to discuss how much it should offer and whether a transaction would be cleared by regulators, the report said, citing the sources.
There is no guarantee that Alphabet will submit a proposal to HubSpot and there is no certainty it will do so, the report added.
Alphabet, HubSpot, and Morgan Stanley did not immediately respond to MT Newswires' requests for comment.
Alphabet's stock was down 1.2%, while HubSpot's shares rose 5.5% in recent trading.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
"Then there was a woman, a lion of a woman."
Join the InvestorsHub Community
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
