DOJ Approves Uber’s Acquisition of Postmates, Axios Reports

DOJ Approves Uber’s Acquisition of Postmates, Axios Reports
The Uber logo is displayed on a mobile phone in this picture illustration taken on Nov. 25, 2019. Hannah McKay/Reuters
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The U.S. Justice Department has cleared Uber Technologies Inc.’s acquisition of food delivery company Postmates, news website Axios reported on Nov. 9, citing a source familiar with the matter.

Uber announced in July that it would buy Postmates for $2.65 billion in an all-stock deal, after its bid to acquire rival Grubhub Inc. fell apart because of regulatory and other concerns.