SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation Regarding Whether the Sale of Grubhub Inc. to Just Eat Takeaway.com N.V. is Fair to Shareholders
New York, New York--(Newsfile Corp. - June 11, 2020) - The following statement is being issued by Levi & Korsinsky, LLP:
To: All Persons or Entities who purchased Grubhub Inc. ("Grubhub" or the "Company") (NYSE: GRUB) stock prior to June 10, 2020.
You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of Grubhub to Just Eat Takeaway.com N.V. ("Just Eat"). Under the terms of the merger, each share of common stock of Grubhub will be converted into the right to receive American depositary receipts ("ADRs") representing 0.6710 Just Eat ordinary shares, without interest. To learn more about the action and your rights, go to:
or contact Joseph E. Levi, Esq. either via email at firstname.lastname@example.org or by telephone at (212) 363-7500. There is no cost or obligation to you.
The Grubhub merger investigation concerns whether the Board of Grubhub breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction and whether Just Eat is underpaying for Grubhub shares, thus unlawfully harming Grubhub shareholders.
Levi & Korsinsky is a nationally recognized firm with offices in New York, Connecticut, California, and Washington D.C. The firm's attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities lawsuits and have recovered hundreds of millions of dollars for aggrieved shareholders. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
55 Broadway, 10th Floor
New York, NY 10006
Tel: (212) 363-7500
Fax: (212) 363-7171
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/57725