Yelp Gives Eat24 Five Stars, Buys GrubHub Rival

By | February 10, 2015

Scalper1 News

Eat24 has become an Elite Yelper with this latest order: Review site Yelp (YELP) announced that it is buying the online food-ordering service in a cash-and-stock deal worth about $134 million. Shares of Yelp jumped 6.9% to 45.08 in afternoon trading on the stock market today. The stock crashed 21.5% last Friday and 6.5% on Monday — collapses that caused it to break support at the 50-day line and hit its lowest levels since August 2013. Quarterly Scalper1 News

Scalper1 News