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
€149.56
0.190%
The stock is an absolute favorite of our community with 26 Buy predictions and no Sell predictions.
With a target price of 165 € there is a slightly positive potential of 10.32% for Alphabet Inc. C compared to the current price of 149.56 €.
