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Uber To Acquire Postmates In $2.65 Billion Stock Deal

Written by The Ashton Report

The board of directors of ride-sharing and third-party delivery service company Uber has approved an all-stock deal for competitor Postmates, it was announced by both companies July 5. The deal, which continues the consolidation of third-party food delivery in the US market, comes just a few months after Uber lost a bid to acquire Grubhub…

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