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Technology Stocks : GrubHub Inc. (GRUB)

GRUB 61.05

-0.1%

Jun 11 5:00 PM EST

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From: Glenn Petersen	6/10/2020 10:45:58 AM
	of 66

Just Eat Takeaway.com Nears All-Stock Deal for Grubhub Uber’s board is planning to meet Wednesday and may officially pull the plug on Grubhub talks then By Cara Lombardo, Dana Cimilluca and Ben Dummett Wall Street Joiurnal Updated June 10, 2020 10:22 am ET Grubhub Inc. GRUB -0.67% is nearing a deal to combine with Just Eat Takeaway.com TKWY -14.14% NV, as the food-delivery company prepares to turn its back on weeks of negotiations with Uber Technologies Inc. UBER -4.15% Grubhub and Just Eat, a Netherlands-based food-delivery company, are working on an all-stock deal that could be finalized as early as Wednesday, according to people familiar with the matter. Uber and Grubhub have been negotiating a deal to combine but the talks have been bogged down over various issues including who would shoulder the bulk of the antitrust risk, some of the people said. Uber’s board is planning to meet Wednesday and may officially pull the plug on Grubhub talks then, the people said. There is no guarantee it will do so or that Grubhub will seal an agreement with Just Eat. More to follow wsj.com

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