Uber Looks to Buy Rival Postmates for $2.6 Billion
It looks like Uber Technologies (NYSE: UBER) didn't abandon the mergers and acquisitions market after failing to buy food delivery specialist Grubhub (NYSE: GRUB). The Wall Street Journal reports Uber is now in talks to acquire Postmates for $2.6 billion in a deal that could be announced next week or even sooner.
Failing a merger, Postmates may go public. It has been planning an IPO after confidentially filing to go public in February.
Image source: Uber Eats.
Source Fool.com
