Grubhub Jumps on Deal Inquiries From Just Eat, Delivery Hero
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Grubhub Inc. shares jumped after news that Europe’s Delivery Hero SE and Just Eat Plc expressed interest in exploring a deal.
Uber Technologies Inc. has also been in talks with Grubhub about an acquisition, Bloomberg reported last month. CNBC reported Friday on interest from the other two companies, and Grubhub’s stock jumped more than 7%.