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Marc Lore’s Wonder to Buy Grubhub, Raises $250 Million

The Information · Theo Wayt · last updated

Ex-Walmart executive Marc Lore’s food delivery company, Wonder, plans to acquire Grubhub in a deal valued at  $650 million including debt, the companies said Wednesday.

Wonder is paying  $150 million in cash and will assume $500 million in Grubhub debt, and expects to complete the …