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GrubHub Merging With Seamless as Food Orders Go Mobile

GrubHub Inc. and Seamless North America LLC, two of the top food-delivery websites in the U.S., have agreed to combine their companies to take on rivals in the growing market for online meal orders.

GrubHub Chief Executive Officer Matt Maloney will become CEO of the merged group, and Seamless CEO Jonathan Zabusky will serve as president, the two said in an interview. Neither company is paying to acquire the other, Maloney said, declining to share financial details of the agreement. The deal now awaits the approval of U.S. regulators, he said.