EconomicUnited States·29 Oct 2026
DoorDash to Acquire Instacart in $17 Billion Deal
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DoorDash announced a $17 billion cash-and-stock acquisition of Instacart on Thursday, offering $65 per share to represent a 26% premium over the previous closing price. The deal, which received unanimous approval from Instacart's board, aims to integrate Instacart’s grocery delivery expertise with DoorDash's existing delivery network and technology. This…
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