Grubhub Sold to Just Eat Takeway.com for $7.3 billion
After weeks of haggling with suitors Grubhub (NYSE: GRUB) has inked an all-stock deal with Europe's Just Eat Takeaway for $7.3 billion.
Under the terms of the deal, Grubhub investors will get $75.15 for each Grubhub share, valuing the deal slightly above $7 billion. The combined company will operate the largest food delivery service in the world outside of China.
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Source Fool.com
