Uber Technologies Inc. and Grubhub Inc. are discussing a takeover valuing Grubhub at roughly $6 billion, with big cost savings that would help pay for the deal, according to people familiar with the matter. The companies are considering a deal that would value Grubhub stock at around 1.9 Uber shares, or just over $60 per Grubhub share based on trading Wednesday afternoon, the people said.

Source: Wall Street Journal May 13, 2020 19:25 UTC