Could These 3 Companies Still Buy GrubHub?
Grubhub's (NYSE: GRUB) stock popped on Jan. 8 after The Wall Street Journal claimed that the food delivery company was mulling a potential sale. However, most of those gains faded the following day after Grubhub denied the rumors.
Grubhub stated that it "unequivocally" isn't running a sale process and that there were "currently no plans to do so." But this isn't the first time we've heard buyout buzz about Grubhub, which shed roughly a third of its value over the past 12 months amid brutal competition -- and it probably won't be the last.
Therefore, investors should still be familiar with Grubhub's rumored suitors to weigh the possibility of a future takeover. Here are three that people are talking about:
Source Fool.com
