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Delivery Hero Board Backs Uber's $14.8B Acquisition Proposal

The Wall Street Journal +1 ·

UBER Uber Technologies Inc
$75.24 -0.54%
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  1. 1Delivery Hero (DHER.DE) on Wednesday endorsed Uber's (UBER) $14.8 billion acquisition offer and recommended shareholders accept it.
  2. 2Management and the supervisory board concluded after an independent review that the deal aligns with the interests of stakeholders, including the company, shareholders, and employees.
  3. 3The transaction would combine two of the world's largest food delivery platforms, continuing a wave of industry consolidation.

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The Wall Street Journal +1 View original ↗
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