GrubHub stock surges after Uber takeover offer
Uber’s ride-hailing business has been hammered by the global pandemic and it is shuttering Uber Eats in some countries
12 May 2020 - 19:04
New York — Uber Technologies has made an offer to acquire GrubHub, in a move that would build out its food-delivery platform even as it shutters parts of its own service abroad, according to people familiar with the matter.
The companies are in talks about a deal and could reach an agreement as soon as May, said the people, who asked not to be identified because the matter is not public...
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