Grubhub CEO Says Sale Isn’t Imminent, as Owner Seeks a Partner

CHICAGO—Grubhub Chief Executive Adam DeWitt said company parent Just Eat Takeaway.com NV hopes to find a strategic partner to invest in the U.S. online ordering company, though an outright sale isn’t off the table.

In some of his first public remarks about the company since Just Eat said in April it would consider selling Grubhub, Mr. DeWitt said no sale was imminent and that Just Eat was exploring options to strengthen Grubhub as its U.S. division encounters challenges.

Source: https://www.wsj.com/articles/grubhub-ceo-says-sale-isnt-imminent-as-owner-seeks-a-partner-11656460704?siteid=yhoof2&yptr=yahoo