In Delivery the Covid-19 ‘hangover’ is over: Just Eat is forced to sell off Grubhub
The valuation of the sale is a mere mouthful at $650 million, consisting of $500 million in attached debt and only $150 million in cash paid to Just Eat. Grubhub had been acquired during the 2020 frenzy at a valuation of $7.3 billion
