Sources: Alphabet shelves efforts to acquire HubSpot after the companies failed to reach a point of detailed discussions around due diligence; HUBS drops 10%+
Shares of HubSpot Inc. (HUBS Quick Quote Tom Jowitt / Silicon UK : Alphabet Walks Away From HubSpot Deal George Fitzmaurice / ITPro : Alphabet's HubSpot acquisition is dead in the water Ryan Gould / Bloomberg Law : Mike Wheatley / SiliconANGLE : Google parent company Alphabet calls off multi-billion dollar HubSpot acquisition CNBC : HubSpot shares plunge 12% on report that Alphabet is shelving interest in acquiring software company PYMNTS.com : Report: Alphabet Backs Out of HubSpot Acquisition Talks Anita Ramaswamy / The Information : Google Calls Off Talks to Buy Marketing Software Firm Hubspot Naomi Buchanan / Investopedia : HubSpot Stock Dives on Reports Alphabet Abandoning Acquisition Effort Reinhardt Krause / Investor's Business Daily : HubSpot Shares Tumble As Alphabet Walks Away From Acquisition Talks Channel NewsAsia : Google parent Alphabet walked away from HubSpot deal weeks ago, source says Kim Davis / MarTech : Alphabet's acquisition of HubSpot isn't happening Vince Condarcuri / TipRanks Financial : M&A News: HubSpot (NYSE:HUBS) Plummets as Google Scraps Acquisition Plans Wajeeh Khan / Invezz : Google is no longer interested in buying HubSpot Nickie Louise / Tech Startups : Google abandons plans to buy HubSpot Yahoo Finance : HubSpot falls after Alphabet drops acquisition efforts: Rpt. Adam Eckert / Benzinga : HubSpot Stock Sinks After Alphabet Pulls Plug On Potential Deal: What You Need To Know Oliver Gray / Investing.com : RBC - HubSpot's buying potential surges as Google shelves acquisition plan Janet H. Cho / Barron's Online : HubSpot Stock Sinks on Report Google Has Scrapped Deal X: Liana B. Baker / @lianabaker : The arbs were reading this one today; Google Parent Alphabet Shelves Efforts to Acquire HubSpot @rngould @BloombergDeals https://www.bloomberg.com/... Christian Fromhertz / @cfromhertz : *GOOGLE PARENT ALPHABET IS SAID TO SHELVE INTEREST IN HUBSPOT $GOOGL $HUBS shocker... why on earth would they want to buy $HUBS? Chetan Puttagunta / @chetanp : Likely a positive outcome for both Google Cloud and HubSpot. It'll be interesting to see if this motivates another large software player to pursue HubSpot.