Grubhub Says It Wants a Breakup Fee if Regulators Stop Uber’s Acquisition Deal

Grubhub Says It Wants a Breakup Fee if Regulators Stop Uber’s Acquisition Deal

As food delivery service Grubhub (NYSE: GRUB) moves closer to a deal that would sell itself to Uber (NYSE: UBER), sources indicate that the closing might still be threatened by a new demand from Grubhub. While the two companies apparently came close to agreement on the sale price, expressed in terms of Uber stocks per Grubhub stock, talks may have reached an impasse over the latest development. Uber would pay this fee to the food delivery service if regulators block the acquisition.