Uber confirms it is acquiring Postmates in an all-stock, $2.65B deal

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Uber confirms it is acquiring Postmates in an all-stock, $2.65B deal
Competition continues to heat up in the food delivery wars. In the latest development, Uber today announced that it has acquired Postmates in a $2.65 billion, all-stock deal. It plans to run the business alongside its own food delivery business, Uber Eats, keeping the Postmates app running while me….
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