Uber Technologies (UBER.US) has just announced that it will acquire food-delivery service Postmates. Media were already reporting about a possible deal last week, but investors had to wait a few days for the final confirmation. As both Uber and Postmates Inc. announced that they have reached a definitive agreement, Uber shares are surging over 8% in the pre-market trading. In an official announcement, Uber confirmed that it will acquire Postmates for approx. $2.65 billion in an all-stock transaction.
Uber Technologies (UBER.US) is set to open with a huge bullish gap today. Shares are surging over 8% in the pre-market trading. Investors had already been excited about the possible deal last week, when media reported about an alleged transaction.
