GrubHub (GRUB) Completes Restaurants on the Run Deal; Updates Outlook

GrubHub (NYSE: GRUB) has completed the acquisition of Restaurants on the Run. With the close of this acquisition, GrubHub is now executing delivery for nearly 3,000 restaurants across the country.

B. Riley & Co. served as the financial advisor to Restaurants on the Run for this transaction.

First Quarter and Full Year 2015 Guidance

GrubHub is making the following adjustments to its previous outlook for the first quarter and full year of 2015, based on information available as of March 2, 2015, which includes the impact of the Restaurants on the Run acquisition:

*** The Street sees Q1 revs of $84.5 million and FY14 revs of $348.5 million.

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