Late last year, McDonald's Corp. Chairman and CEO Jack M. Green-berg spotted a magazine story about Food.com Inc., a little outfit that offers takeout food delivery over the Net. Within a week, one of Green-berg's lieutenants was in the San Francisco office of Richard Frank, Food.com's chief. Investment bankers took it from there, and on Mar. 9, the fast-food Goliath led a group of companies, including Kraft Foods Inc. and Blockbuster Inc., that invested $80 million in the venture.
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