Food delivery firm GrubHub raises expected price range for IPO

April 1 Tue Apr 1, 2014 10:47am EDT

April 1 (Reuters) - GrubHub Inc, the largest U.S. online food delivery services company, raised the expected price range for its initial public offering of 7.03 million shares to $23-$25 per share from $20-$22 per share.

The IPO is expected to raise about $176 million, based on the top end of the price range, the Chicago-based company said in a regulatory filing. (r.reuters.com/hyg28v) (Reporting by Neha Dimri in Bangalore; Editing by Kirti Pandey)

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