Uber Looks to Buy Rival Postmates for $2.6 Billion

Uber Looks to Buy Rival Postmates for $2.6 Billion

It looks like Uber Technologies (NYSE: UBER) didn't abandon the mergers and acquisitions market after failing to buy food delivery specialist Grubhub (NYSE: GRUB). The Wall Street Journal reports Uber is now in talks to acquire Postmates for $2.6 billion in a deal that could be announced next week or even sooner. Failing a merger, Postmates may go public.