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The Ratings Game: Amazon could order GrubHub for ‘dessert’ after Whole Foods main course

GrubHub Inc. shares soared Monday after Wedbush Securities suggested the online and mobile food-ordering service could become Amazon.com Inc.’s next buyout target, following the Whole Foods Market Inc. megadeal.

Analyst Aaron Turner said he believes an Amazon-GrubHub deal would be a “win-win” for the two companies, as there are already “similar ingredients” to Amazon’s AMZN, +0.68% strategy for Whole Foods WFM, +1.24% that could lead to significant synergies for both companies.

GrubHub’s stock GRUB, +4.64% ran up as much as 7.2% intraday, moving toward its highest closing level in over two years, before paring gains to trade higher by 4.3% after midday.

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