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Access here alternative investment news about Just Eat Shareholder Wants Merger With Rival Instead Of Hunt For Ceo | Business

Just Eat Shareholder Wants Merger With Rival Instead Of Hunt For Ceo | Business

by theguardian.com posted 2months ago 8 views
Just Eat, the British online takeaway service, has come under fresh pressure from an activist investor, which is calling for it to merge with a rival rather than appoint a new chief executive. Cat Rock Capital Management, a US hedge fund that owns a 1.9% stake in Just Eat, sent an open letter to its board to demand a merger with another online food delivery company within the next few months.

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