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Should Investors Buy Just Eat Takeaway After It Devours Grubhub?

·5-min read
Should Investors Buy Just Eat Takeaway After It Devours Grubhub?
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Just Eat Takeaway's (OTC: GRUB) $7.3 billion takeover of Grubhub, which was announced a year ago, finally closed on June 15. Grubhub's investors received 0.671 shares of the new American depositary receipts for each of their original shares, and the merged company will become one of the world's largest third-party food delivery platforms outside of China. Grubhub's investors might be wondering if they should sell their new shares or put some faith in the new company.

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