Eat24: Chicago's Grubhub buys up Eat24 for $287.5 million

As Yelp's solid second quarter earnings were reported the company announced they were selling food delivery service Eat24 to Grubhub for $287.5 million. This comes at the end of a week which started with Grubhub announcing a strategic partnership with Groupon. The deal with Eat24 involves a revenue split and customer and client sharing. The [...]