Business > Food

Grubhub rockets 11% on reports of takeover interest from 2 European peers

1 month ago   |   By Business Insider

Grubhub stock surged as much as 11.5% Friday afternoon on reports European peers Just Eat and Delivery Hero are interested in a takeover of the food delivery service.
Grubhub is currently fielding multiple offers and considering regulatory risks in its decision, sources told CNBC.
The new overseas interest arrives after May rumors of an Uber acquisition. The two companies are reportedly still mulling a deal and concerned about scrutiny from antitrust regulators.
Watch Grubhub trade live here .
Grubhub shares spiked as much as 11.5% Friday afternoon after CNBC reported the food delivery...
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Grubhub has two new suitors, Just Eat Takeaway and Delivery Hero, as Uber stalls

Grubhub has two new suitors, Just Eat Takeaway and Delivery Hero, as Uber stalls

1 month ago   |   By CNBC

Germany delivery service Delivery Hero and Netherlands-based Just Eat Takeaway.com are interested in merging with Grubhub, adding competition to Uber which has struggled to finalize a deal.
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