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DoorDash To Buy Instacart For Around $17 Bln; DASH Up Over 6% In Pre-Market

Source: Nasdaq

M&A & RestructuringTransportation & Logistics

DoorDash said it agreed to acquire Maplebear, which operates as Instacart, for $65 per share, valuing the deal at approximately $17 billion. The available article text says at least 75% of the consideration will be paid in a specified form, but cuts off before identifying it.

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