On: Just Eat Takeaway to acquire Grubhub for $7.3B

[tim_sw]

This story is not yet over. There’s a decent chance that Doordash or Uber will make a bid.

[allworknoplay → tim_sw]

Uber did make a bid, and these two signed an agreement. This is in the first paragraph of the article ;)

[tim_sw → allworknoplay]

Yup, I meant that they will put in a higher bid, or they might buy this new combination. This area is strategically important for them, and if you’ve read previous merger/M&A stories or books about them, this seems just like the first salvo.