Uber €38 per share bid for Delivery Hero rebuffed

Shareholders want over €40, DoorDash interested

Trying to sweeten the deal, Uber bumped its offer up to €38 per share, a 15% premium over Friday's closing price, but shareholders are holding out for more than €40 per share.
Meanwhile, rival DoorDash is also showing interest and has reached out to Delivery Hero investors, though they haven't bought any shares yet.