Blue Apron shares soared more than 130% Friday after the once-hot meal kit delivery service announced it was being acquired. Wonder Group, a food delivery startup led by former Walmart and Jet ...

Blue Apron (APRN), the home meal kit delivery service, paid off its debts and plans to streamline its business with job cuts, restructuring and a sale of assets to fellow meal company FreshRealm.

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On the strength of those numbers, Blue Apron went public in 2017, but has lately faced increasing competition and fluctuating ingredient costs, according to the Wall Street Journal. Last December ...