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Strategies & Market Trends : Speculating in Takeover Targets
CTG 7.8600.0%Oct 15 4:00 PM EDT

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From: E_K_S12/9/2019 8:48:43 AM
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Just Eat mulls over new offer
Dec. 9, 2019 8:45 AM ET|About: Just Eat plc (JSTLF)|By: Clark Schultz, SA News Editor

Just Eat ( OTC:JSTLF, OTCPK:JSTTY) says it's considering the higher cash offer doled out by Prosus earlier today, according to The Times.

The company's board has previously backed an offer from Takeaway.com ( OTCPK:TKAYF).

Takeaway.com maintains that the new Prosus is "derisory as a cash exit price."

Shares of Just Eat are up 0.55% in London trading amid the M&A drama.
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