hapapapa
Hub Point (NYSE:HUBS) Up slightly by 1.5% In a report, Google (NASDAQ: Google) raised its offer last week.
The two sides have been in talks for weeks, CTFN reported on Wednesday, citing a source familiar with the matter. Transactions may include cash, stock Or both, with terms and timing still unclear.
The latest update comes after HubSpot rose 8.2% Google (GOOGL) is in talks to make an all-stock acquisition offer for HubSpot (HUBS), CNBC’s David Faber said on Tuesday.
“There have been numerous reports that HubSpot is in conversations with Google,” Faber said Tuesday. “My understanding is absolutely correct that all of Alphabet’s stock transactions were to acquire HubSpot.”
The CTFN report also appears to downplay some speculation that Salesforce (CRM) may be interested in HubSpot (HUBS), with the person telling the publication that HubSpot is not a “good fit” for Salesforce.
Bloomberg reported earlier this month that Google was in discussions to acquire HubSpot (NYSE: HUBS). Alphabet (GOOGL) and HUBS discuss terms of possible deal. Negotiations are ongoing and no agreement has been reached. HubSpot (HUBS) has a market cap of over $30B.
