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HubSpot (NYSE:HUBS) quickly gained 1% amid speculation of a third bidder for the relationship management software company.
There’s speculation that a third potential acquiring is circling HubSpot, according to a Betaville “rare” alert on Friday, which cited people following the matter. HubSpot’s advisers are now trying to do a formal auction of HUBS.
Betaville reported earlier this month that Amazon (AMZN) may also be interested in HubSpot after earlier reports that Google (GOOGL) was in talks with HUBS.
Bloomberg reported last month that Google was progressing in discussions to purchase HubSpot (HUBS) and there have been reports that there could be an all-stock deal or a combination of stock and cash.
Reuters first reported in April that Alphabet (GOOGL) considered a potential takeover of HubSpot.