Cisco, MGM Resorts International Sign Multi-Year Agreement
🍴 Wonder is acquiring Grubhub, integrating both platforms with a $650 million deal including $500 million in senior notes and $150 million cash, expected to close by Q1 2025. Wonder, founded by former Walmart U.S. eCommerce CEO Marc Lore, has raised an additional $250 million in capital. The company features Multi-Restaurant Ordering from 30+ restaurants and has 28 locations in the Northeastern U.S. Grubhub, with over 375,000 merchants and 200,000 delivery partners, covers most of the U.S. population and offers a loyalty program, campus, and corporate services.
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