"... Hedge fund manager Alex Captain, who holds about 5% of Just Eat via his fund Cat Rock Capital Management LP, published a report on July 27 calling the company “deeply undervalued” and vulnerable to a bid. Other shareholders such as Lucerne Capital Management LP also weighed in. Just Eat “has no future as an independent company,” it said..."
Read more: Investors Want to Know How Just Eat Will Deliver for Them - Bloomberg