StartupsNYT Technologyabout 3 hours ago
DoorDash Acquires Instacart for $17 Billion
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DoorDash announced Thursday it will acquire Instacart for approximately $17 billion, a 26% premium to its closing price on Oct. 22. The deal requires stockholder approval and regulatory clearance, expected to close by end of 2027 or first half of 2028, combining two major delivery giants.
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