HubSpot (HUBS) Shares Fall as Alphabet Drops Buyout Plans

HubSpot, headquartered in Cambridge, MA, specializes in providing sales and marketing software to small and midsize businesses, leveraging digital channels such as blogs, search engines and social media. Its diversified offerings include CRM and payment services, making it an attractive asset for Alphabet. The potential deal, reported earlier in April, would have been GOOGL's largest-ever acquisition, with HubSpot reportedly valuing about $35 billion at that time. For HubSpot, an acquisition by Alphabet cou ...