GRUBHUB INC. (NYSE:GRUB) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02.
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Departure of Directors or Principal Officers; Election of |
(b)Departure of Directors
On February 27, 2017, Benjamin Spero, a member of the Board of
Directors (the Board) of Grubhub Inc. (the Company), announced
his resignation from the Board and its Compensation Committee,
effective March 1, 2017.
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Item 9.01. |
Financial Statements and Exhibits |
(d)Exhibits
The following exhibit is furnished with this report:
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Exhibit Number |
Description |
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99.1 |
Press Release issued by GrubHub Inc. on March 1, 2017. |
About GRUBHUB INC. (NYSE:GRUB)
Grubhub Inc. (Grubhub) is a provider of an online and mobile platform for restaurant pick-up and delivery orders. The Company connects more than 40,000 local restaurants with diners in more than 1,000 cities across the United States. For restaurants, Grubhub generates higher margin takeout orders at full menu prices. The Company’s target market is primarily consists of independent restaurants. Diners can access the platform through www.grubhub.com and www.seamless.com. The Company offers diners access to the network through its mobile applications designed for iPhone, iPad, Android, iWatch and Apple TV devices. The Company provides a corporate program that helps businesses address problems in food ordering and associated billing. In certain markets, the Company also provides delivery services to restaurants on its platform that do not have their own delivery operations. Allmenus.com and MenuPages.com provide an aggregated database of approximately 380,000 menus from restaurants. GRUBHUB INC. (NYSE:GRUB) Recent Trading Information
GRUBHUB INC. (NYSE:GRUB) closed its last trading session up +1.15 at 36.21 with 4,150,917 shares trading hands.
