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Moody’s Downgrades Grubhub

Moody’s Downgrades Grubhub

by Tom Kaiser | Dec 29, 2021 | Briefs, Finance, News, Third-Party Delivery

Moody’s Investors Services, the highly visible bond credit rating business, downgraded its outlook for Grubhub while maintaining a stable outlook for the third-largest U.S. restaurant delivery provider. The ratings firm cited erosion in Grubhub’s liquidity, sustained...

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