Following $16 Billion WhatsApp Deal, Is GrubHub Seamless Next?

Mark Melin

Published onFebruary 20, 2014

Updated on May 13, 2021

With Facebook Inc (NASDAQ:FB) paying a record $16 billion to acquire WhatsApp, a deal announced yesterday, the market environment may be right for additional tech IPOs, or at least that’s what GrubHub Seamless Inc., may be hoping.

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The internet-based menu and takeout ordering service, formed last year in merger, may be preparing for an initial public offering, the Wall Street Journal is reporting. Company officials have met with investment banks to facilitate an IPO, potentially occurring in the first half of 2014, the report says.

Pre-IPO activity noted

Chicago-based GrubHub has engaged...

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Mark Melin

Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.

Following $16 Billion WhatsApp Deal, Is GrubHub Seamless Next?

Pre-IPO activity noted

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