Uber to acquire postmates

Uber to acquire postmates.uber to acquire postmates.uber technologies inc - uber will acquire postmates for approximately $2.65 billion in an all-stock transaction..uber technologies inc - currently estimates that it will issue approximately 84 million shares of common stock for 100% of fully diluted equity of postmates.uber technologies inc - boards of directors of both companies have approved transaction.uber technologies inc - following closing of transaction, uber intends to keep consumer-facing postmates app running separately.uber technologies inc - q2 bookings on uber eats are up more than 100 percent year on year.uber technologies inc - stockholders representing a majority of postmates' outstanding shares have committed to support transaction.uber technologies - transaction is expected to close in q1 2021.
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