DoorDash to acquire Instacart for ~$17B in cash-and-stock deal
DoorDash announced a definitive agreement to acquire Instacart for $65.00 per share, or roughly $17B in equity value, per a joint businesswire release. The deal would unite the two largest US food and grocery delivery platforms. The $65/share price is the key number to watch versus Instacart's recent trading levels.
Source:
businesswire.com: https://www.businesswire.com/news/home/20261029560802/en/DoorDash-to-Acquire-Instacart-to-Help-Local-Stores-Win%C2%A0/
Not financial advice. For informational and educational purposes only.
