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Cat Rock Capital Sends Letter to Just Eat Takeaway.com ("JET") Board Urging Sale or Spin-Off of Grubhub by End of 2021

JET Management Has Failed to Fix Deep and Damaging Undervaluation of Equity JET Stock Price Embeds Significant Negative Value for Grubhub Despite $10 billion of GMV Cat Rock Urges Immediate Action to Unlock Grubhub Value via Sale or Spin-Off Ca