12/6/2023 0 Comments Uber grubhub takeoverThe news sent GrubHub stock soaring so high and so fast that trading was halted three times Tuesday on Wall Street.īut while investors couldn’t wait to jump into GrubHub on the news, the smart money suggests it might be time to wait and see when it comes to either of these companies. (NYSE: UBER ) has approached competitor GrubHub Inc. People familiar with the matter told Bloomberg that Uber Technologies Inc. Bloomberg broke the news Tuesday that Uber has reached out to food delivery competitor GrubHub with a takeover offer, but investors should pump the brakes on buying in.
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