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GrubHub and Seamless complete combination

9:04 AM, Aug 9, 2013   |    comments
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NEW YORK (AP) - Rival online takeout services Seamless North America and GrubHub have completed their combination into one company.

The new company will operate under the name GrubHub Seamless, continue to include both brands and cover about 25,000 restaurants.

Financial terms were not disclosed. The deal was announced in May.

GrubHub CEO Matt Maloney becomes CEO, while Seamless CEO Jonathan Zabusky will serve as president. Both New York-based Seamless and Chicago-based GrubHub will have significant representation on the new company's board.

Online takeout ordering services sign contracts with restaurants, mostly in large metropolitan areas, to list themselves on the websites. Diners can search the menus, along with reviews posted by diners, to find the food they want and then order and pay online.

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