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Waitr Holdings INC. To acquire Bite Squad
Tuesday, 23 January 2018
Acquisition will expand Waitr’s footprint to over 500 cities in 22 states
Waitr Holdings Inc. (Nasdaq: WTRH) (“Waitr”), a fast growing restaurant platform for online ordering and on-demand food delivery, today announced that it has signed definitive agreements to acquire Bite Squad, an online restaurant food delivery service, for an aggregate amount of approximately $321.3 million, subject to adjustments, based on the closing price of Waitr’s common stock on December 11, 2018. The purchase price consists of a combination of cash and shares of Waitr common stock.