Speculating in Takeover Targets Message Board

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Strategies & Market Trends : Speculating in Takeover Targets

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Oct 31 3:59 PM EDT

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From: E_K_S	11/11/2019 9:57:49 AM
	of 7239

Just Eat holding out for better offer Nov. 11, 2019 9:54 AM ET\|About: Just Eat plc (JSTLF)\|By: Clark Schultz, SA News Editor Just Eat ( OTC:JSTLF) trades 0.5% lower in London after the company rejected a cash offer from an entity controlled by Naspers ( OTCPK:NPSNY). The £4.9B offer "significantly undervalues" the company, according to the Just Eat board. The board also wants shareholders to reject the standing offer from Takeaway.com ( OTCPK:TKAYF). The emergence of Uber Eats and Amazon-backed Deliveroo has increased competition in the U.K. online delivery sector.

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