AMSTERDAM (Reuters) - Just Eat Takeaway.com NV, the online food-ordering company, on Wednesday said its shareholders approved its proposed $6.9 billion purchase of rival Grubhub , but rejected a pay package for the U.S company's CEO Matthew Maloney.
Takeaway agreed in June to buy Grubhub in a deal to create a transatlantic group which would be the biggest food delivery business outside China.
Takeaway founder and CEO Jitse Groen is to become head of the Takeaway-Grubhub combination, which will be based in Amsterdam, while Grubhub CEO Maloney is set to lead its North American business.
Takeaway shareholders approved Maloney's appointment to the board, but rejected a separate motion setting out the terms of his pay.
Maloney was to have received a $745,000 base salary in 2021, with long-term stocks and options grants of ...
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