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

[viscanti]

They're getting stock in a post-acquisition combined entity. So a better way to think of it is they get 52% of the combination of both companies (which makes it weird to think they're the ones getting acquired - but that has to do with which entity ends up being the controlling entity).

[replyguy912 → viscanti]

this is just a more honest merger. Someone is always getting acquired, in this case they're upfront about who has post-deal control.