DoorDash Reportedly in Talks to Acquire Instacart
Reports indicate that DoorDash (DASH) may reach an agreement to acquire Instacart (CART) as early as this Thursday. Following the news, Instacart shares saw a significant uptick of 4.5% during after-hours trading. The potential deal follows recent reports from the Wall Street Journal suggesting active negotiations between the two delivery giants. If finalized, the acquisition would represent a major consolidation within the food and grocery delivery sector.
Topics: Food Delivery M&A Stock Price Movement
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Part of the story DoorDash Announces Acquisition of Instacart in $17 Billion Deal (6 articles)