Reports Suggest Google Is Still Pursuing HubSpot. Here's What It Means for Investors.
Rumors emerged (again) on Thursday that (NASDAQ: GOOGL) (NASDAQ: GOOG) is making progress in talks to acquire customer relationship management (CRM) specialist HubSpot (NYSE: HUBS), according to a report by Bloomberg. The discussions appear to have advanced to the point the pair are talking terms.
It's clear that the rumored talks -- if they're happening at all -- are still in the early stages. However, if such a deal were to come together, it would mark the largest acquisition in Alphabet's history.
Let's take a look at what's at stake and what it means for investors.
Source Fool.com
Alphabet Inc. C Stock
€164.02
0.630%
With 22 Buy predictions and not a single Sell prediction Alphabet Inc. C is an absolute favorite of our community.
However, we have a potential of -1.84% for Alphabet Inc. C as the target price of 161 € is below the current price of 164.02 €.
