Grubhub acquisition sets up delivery duel with Uber

The cut-throat food-delivery business is turning into a gladiator fight. Wall Street cheered the acquisition of Grubhub by Dutch-based delivery giant Just Eat Takeaway.com on Thursday, sending Grubhub's shares up by 4.7 percent while pushing shares of Grubhub's former suitor, Uber, down 11 percent. Uber, which owns Uber­Eats, had been in talks to buy Grubhub...