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Just Eat shareholder calls for merger talks

Reuters 

(Reuters) - Cat Rock Capital Management LP on Monday urged Just Eat Plc to start merger discussions, saying the London-listed takeaway ordering website would benefit from a deal rather than relying on a new chief executive officer to turn around the business.Cat Rock, which owns 1.7 percent of Just Eat's shares, said the company should merge with a "well-run industry peer", blaming a poor record of CEO selection in the past.Just Eat's Chief Executive Peter Plumb parted with the company just after 16 months in the role. (Reporting by Karina Dsouza in Bengaluru; Editing by Subhranshu ...

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First Published: Mon, February 11 2019. 11:40 IST
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