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Square tried and failed to sell its food delivery business

SAN FRANCISCO — San Francisco-based payments company Square Inc. discussed a sale of its food delivery business, Caviar, with several large tech companies, but there were no takers. Square (NYSE: SQ) proposed a price of around $100 million with potential buyers and was rejected, according to Bloomberg, which cited anonymous sources. Uber Technologies Inc., GrubHub Inc. and Yelp Inc.
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