Wouldn't pay more than $2 billion for Lyft: Uber
Ride-hailing service Uber has reportedly told its investors it would not pay more than $2 billion to purchase rival Lyft. Uber has not yet made a formal offer and CEO Travis Kalanick is not in support of the deal fearing intense regulatory scrutiny. Lyft reportedly seeks a sum of $9 billion but has not been able to attract investors' interest.