GrubHub (Up 30%) Received Takeover Offer from Uber

INNO
Uber is trying to buy Grubhub - The Verge
  • Mainstream financial media CNBC reported Uber has put in an official offer to buy food delivery giant Grubhub.
  • Bloomberg initial report spiked Grubhub stock up to 38% intraday.

According to the latest report both sides have yet to agree on a deal.

Grubhub

Food Delivery | Restaurant Takeout | Order Food Online | Grubhub

Grubhub Inc. is an American online and mobile prepared food ordering and delivery marketplace that connects diners with local takeout restaurants. 

Uber

Uber - Request a ride on the App Store

Uber Technologies, Inc., commonly known as Uber, is an American multinational ride-hailing company offering services that include peer-to-peer ridesharing, ride service hailing, food delivery, and a micromobility system with electric bikes and scooters.

Source: CNBC

 

All posts made on this website are provided for information purposes only. None of the information here is intended as investment advice, as an offer or solicitation of an offer to buy or sell, or as a recommendation, endorsement, or sponsorship of any security, Company, or fund. Before making an investment decision, you should seek the advice of a qualified and registered securities professional. Candlr is not receiving payment or commissions from companies for shared content on Candlr website unless its specified. View full disclaimer HERE.

[bbp-topic-index]

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.