| Deal Structure and Party Summary | ||
|---|---|---|
| Deal Structure | Private Target Merger | |
| Acquirer | Uber Technologies, Inc. | |
| Public | Yes | |
| Industry | Business Services | |
| Private equity sponsorship | No | |
| Target | Postmates Inc. | |
| Public | No | |
| Industry | Business Services | |
| Private equity sponsorship(s) | No | |
| Key Transaction Characteristics and Terms | ||
|---|---|---|
| Status | Closed | |
| Announcement date | July 6, 2020 | |
| Transaction value | $2.65 billion | |
| Form of consideration | Equity | |
| Transaction Advisors | ||
|---|---|---|
| Seller / Target Counsel | ||
| Law firm #1 | Latham & Watkins LLP | |
| Individual attorney(s) | Undisclosed | |
| Acquirer Counsel | ||
| Law firm #1 | Wachtell, Lipton, Rosen & Katz | |
| Individual attorney(s) | Undisclosed | |
| Seller / Target Financial Advisors | ||
| Financial advisor #1 | J.P. Morgan Securities LLC | |