Grubhub CEO Matt Maloney on Just Eat Takeaway deal
Grubhub CEO Matt Maloney joins "Squawk on the Street" to discuss the company's plans to merge with European food delivery company Just Eat Takeaway.
Grubhub CEO Matt Maloney on Thursday doubled down on the company?s decision to merge with Just Eat Takeaway rather than work through a deal with Uber.
Uber?s bid to acquire Grubhub would have brought two of the largest food delivery companies in the U.S. together. However, people familiar with the matter told CNBC that talks fell through amid concerns over antitrust scrutiny.
But Maloney said Grubhub liked Just Eat?s offer better.