GrubHub Shareholders Approve Just Eat's Acquisition Offer

  • GrubHub Inc GRUB stockholders have overwhelmingly approved food delivery company, Just Eat N.V.’s TKAYF proposed acquisition of GrubHub in an all-stock transaction.
  • Around 99.98% of the stockholders voted in the acquisition’s favor.
  • Last month, Just Eat published the prospectus for its proposed $7 billion acquisition.
  • Price action: GRUB shares traded higher by 1.99% at $63.52 on the last check Thursday.
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