Doordash Goes After Instacart With $17 Billion in Cash and Stock Deal
DoorDash plans to acquire Instacart for $65 per share, valuing the grocery delivery platform at approximately $17 billion in a deal expected to close by 2028.
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Why It Matters
DoorDash is buying Instacart, a grocery delivery company. When big companies join together, watch if they work better or if things stay the same.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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