GrubHub orders up an IPO

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Associated Press

Posted on February 28, 2014 at 1:00 PM

Updated Friday, Feb 28 at 3:01 PM

CHICAGO (AP) — Online delivery company GrubHub plans to raise up to $100 million through an initial public offering of its common stock.

The company did not disclose in a regulatory filing how many shares would be offered in the IPO or the projected price range.

The shares are being offered by the company and selling stockholders. GrubHub won't receive any proceeds from shares sold by selling stockholders.

GrubHub Inc. was formerly known as GrubHub Seamless Inc. Rivals GrubHub and Seamless completed their combination in August 2013 for an undisclosed amount. GrubHub's other brands include MenuPages and Allmenus.

GrubHub's stock is expected to list on the New York Stock Exchange under the "GRUB" ticker symbol.

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