Grubhub jumped sharply Tuesday before shares were halted after a report of a potential takeover.
Uber (NYSE:UBER) is in talks to buy food delivery company Grubhub (NYSE:GRUB), Bloomberg reported.
An agreement could come as soon as this month, Bloomberg said, citing people familiar with the matter.
Grubhub was up 8.5% and Uber rose 1.1%.
