Another Just Eat shareholder calls for company shakeup: report
They believe Cat Rock's argument for a merger is worth "serious consideration".
A second investor in Just Eat broke ranks to call for a shakeup within the takeaway and delivery company, This Is Money has reported.
"We believe Cat Rock's argument for a merger with a well-run peer is worth serious consideration. Just Eat needs exceptional management to make up for lost time and the best teams are already running leading online food delivery companies. We would be deeply disappointed if the board ignored this path for long-term value creation. We will be writing to the Just Eat board to express our support for Cat Rock's proposal," the investor said.
Cat Rock Capital previously an open letter to the firm's board demanding a major overhaul.
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