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Instacart Is Exploring a Sale, and Uber and DoorDash Are Circling

Source: 247wallst.com

M&A & RestructuringAntitrust & CompetitionConsumer Demand & Retail
Instacart Is Exploring a Sale, and Uber and DoorDash Are Circling

Instacart stock surged after reports that its largest grocery-delivery rivals are considering an acquisition. One reported buyer has already walked away, while the other faces significant antitrust concerns; the article gives no deal terms or size of the stock move.

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