Uber Technologies Inc

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Mergers / Acquisitions

Uber Expects To Close Postmates Deal In Q4 Of 2020

Published: 11/10/2020 14:48 GMT
Uber Technologies Inc (UBER) - Uber - on Nov 9 Antitrust Division of U.S. Doj Granted Early Termination of Hart-scott-rodino Waiting Period for Uber's Acquisition of Postmates.
Uber - Sent Letter to Doj Indicating, Upon Deal Close, Co Will Waive Exclusivity Provisions Between Postmates, About 800 Restaurants in Certain Areas.
Uber - Expects to Close Postmates Deal in Q4 of 2020.
Uber - Letter to Doj Indicates That for 6 Months, Co to Not Enter Exclusivity Deals With Restaurants With Which Postmates Exclusivity Provisions Are Waived.
Uber Technologies Inc - Sent Letter to Doj on November 6.