Alphabet in Talks With Advisers About Possible Bid for HubSpot, Says Reuters
By Denny Jacob
--Google parent Alphabet has been talking to its advisers about the possibility of making an offer for online marketing software company HubSpot, says Reuters, citing people familiar with the matter.
--Alphabet has met with Morgan Stanley investment bankers in recent days about a potential offer for HubSpot, which has a market value of $32 billion, according to the report. It's been discussing how much it should offer and whether antitrust regulators would clear such a tie-up, it added.
--Alphabet hasn't yet submitted an offer to HubSpot and there's no certainty it will do so, says Reuters.
Full story at https://www.reuters.com/markets/deals/google-parent-alphabet-weighs-offer-hubspot-sources-say-2024-04-04/
Write to Denny Jacob at denny.jacob@wsj.com
(END) Dow Jones Newswires
April 04, 2024 10:33 ET (14:33 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.-
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