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.

IMAGE SOURCE: GETTY IMAGES.

Continue reading

Source Fool.com