Uber Eyes Purchase of Grubhub to Expand Its Food Delivery Service-Report

Uber (NYSE: UBER) is in discussions to acquire food delivery company Grubhub (NYSE: GRUB) in what could be a transformative deal. 

Citing people familiar with the matter, The Wall Street Journal reports that the two sides have been holding talks for a while now and could reach an all-stock transaction in the coming days. Uber's board plans to examine the deal during the next few days, reports the WSJ. 

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Source Fool.com