Yelp shares soared 27% on Friday after announcing that it would be selling its Eat24 business to Grubhub for $287.5 million. As part of the deal, both Yelp and Grubhub will enter into a five-year partnership that will integrate Eat24 into Grubhub’s food ordering platform. According to Wedbush Securities analyst Aaron Turner, “The partnership expands … Continue reading “GrubHub Is Acquiring This Company From Yelp For $287.5 Million”
