Uber approaches GrubHub with takeover offer- Bloomberg News
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(Reuters) - Uber Technologies Inc has made an offer to buy online food delivery company GrubHub Inc, Bloomberg News reported on Tuesday.The two companies are currently in talks about a deal and could reach an agreement as soon as this month, the report said, citing people familiar with the matter. (https://bloom.bg/2LoVtoS)Shares of GrubHub jumped about 25% at $58.44, while those of Uber were up 4%.GrubHub's market capitalization stood at about $4.3 billion(3.48 billion pounds), while Uber was..