Uber approaches Grubhub with takeover offer

Uber and Grubhub are in talks about a deal and could reach an agreement as soon as this month, said sources. — Bloomberg

Uber Technologies Inc has made an offer to acquire Grubhub Inc, in a move that would build out its food-delivery platform even as it shutters parts of its own service abroad, according to people familiar with the matter.

The companies are in talks about a deal and could reach an agreement as soon as this month, said the people, who asked not to be identified because the matter isn’t public.