Uber in talks with Grubhub with an acquisition offer


Uber is in negotiations to buy online food delivery company Grubhub in an all-stock deal, if this merger happens it could give Uber Eats' money-losing restaurant delivery service a leg up on market leader DoorDash Uber and Grubhub are still haggling over the deal's stock exchange ratio, and there is no certainty that they will reach an agreement, the sources said. It could turn the crowded "U.S. meal delivery market into a two-horse race," CFRA Research analyst Angelo Zino said.

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