GrubHub Inc (NYSE:GRUB) Drops Uber Technologies Inc (NYSE:UBER) In Favor Of Just Eat Takeaway Merger Deal

GrubHub Inc (NYSE:GRUB) has reportedly shunned merger talks with Uber Technologies Inc (NYSE:UBER) and has instead embraced an acquisition deal from a European company called Just Eat Takeaway. Just Eat Takeaway announced on Friday that it struck a strategic $7.3 billion deal to acquire Grubhub. The acquisition will allow the European company to expand its […]

Uber Technologies (NYSE:UBER) In Negotiations To Acquire Grubhub Inc. (NYSE:GRUB) In An All-Stock Deal

Uber Technologies (NYSE:UBER) has reportedly offered to acquire Grubhub Inc. (NYSE:GRUB) in an all-stock deal that could be finalized this month. This is seen as a move that will enhance its food-delivery service despite the company shuttering parts of the service abroad. Grubhub wants 2.15 Ubers shares for each of its shares Sources familiar with […]

GrubHub Inc (NYSE:GRUB) To Join Forces With YP To Bring Its Mobile and Online Ordering To YP Users

Boston, MA 09/25/2014 (wallstreetpr) – According to reports, GrubHub Inc (NYSE:GRUB) and YP have entered into a partnership deal in which YP’s customers will be able to place online and mobile orders through GRUB’s platform. YP is a well-known go-to local search destination that provides services to more than 80 million people across the America. GRUB […]

Is It The Right Time To Invest In GrubHub Inc (NYSE:GRUB)?

Boston, MA 09/23/2014 (wallstreetpr) – Analysts at Bank of America are upbeat on GrubHub Inc (NYSE:GRUB). They have a “buy” rating on the stock with a price target of $47.00. It said that GrubHub stocks have the potential to become multi-bagger stock in long-term. It will not be immediate, but gradually it will provide returns […]

Yelp Inc (NYSE:YELP) Seen As The Next Potential Acquisition Target; Surges In Pre-Market Trading

Boston, MA 06/16/2014 (wallstreetpr) – Yelp Inc (NYSE:YELP) and GrubHub Inc (NYSE:GRUB) rose on speculations that they are going to be the next targets for a potential takeover after OpenTable Inc (NASDAQ:OPEN)’s $2.6 million acquisition. Recent Acquisitions In February, WhatsApp was acquired by Facebook Inc (NASDAQ:FB) for $19 million. Post that, recently OpenTable was approached by […]