Hedge Funds Gorge on Food Delivery Companies

In the past week or so, two more mergers were announced in the consolidating online food delivery business, a popular sector with hedge funds.

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Hedge funds are celebrating the latest deals in the consolidating online food delivery industry.

In late July, European giants Takeaway.com and Just Eat agreed to merge to become what the two companies assert would create one of the largest food delivery companies in the world.

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