· *GrubHub stock spiked as much as 37% on Tuesday after Bloomberg reported Uber made a takeover offer for the food delivery company.*
· *Both firms are in negotiations and could close a deal before the end of the month, sources familiar with the matter told Bloomberg.*
· *The news prompted a trading halt for GrubHub shares....
GrubHub surges 37% on report of potential takeover by Uber
Business Insider
0 shares
1 views
You might like
Related news coverage
Report: Uber Is Looking To Buy Grubhub
Newsy
Watch VideoUber is looking to buy the online food delivery company Grubhub.
According to Bloomberg News, the..
-
Wall Street loves the idea of Uber buying its competitor Grubhub, but analysts warn getting the deal done amid a pandemic won't be easy (UBER, GRUB)
Business Insider
-
Uber is discussing a takeover deal with Grubhub for roughly $6 billion: report
MarketWatch
-
Morgan Stanley fined $5 million by the SEC over trading fees
Business Insider
-
Grubhub, Uber shares rally on takeover report
Chicago S-T
Advertisement
More coverage
Trump praises the oil rally, says energy companies 'are starting to look very good again'
Business Insider
· *President Donald Trump praised the oil-market recovery on Tuesday, noting that rising prices will aid the US energy sector..