Grubhub Founder Mulled Buying Company Back From Just Eat: Times

Grubhub Inc. co-founder Matt Maloney was working with private equity investor General Atlantic to buy back the food delivery company that he sold last year to Just Eat Takeaway.com NV for $7.3 billion, the Sunday Times reported, citing unidentified people familiar with the matter.

Maloney ultimately decided earlier this year against a bid for the company he founded in Chicago in 2004, though the plunge in Just Eat’s share price could revive the possibility of an offer, the paper said.

Just Eat acquired Grubhub in an all-share deal in June 2021 and since then, Just Eat’s share price has ...