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DoorDash Is Close to Buying Instacart for $17 Billion After Uber Walked Away
Source: 247wallst.com
M&A & RestructuringTransportation & LogisticsConsumer Demand & RetailMarket Technicals & Flows
Instacart shares climbed while DoorDash investors sold shares after DoorDash reportedly stepped into a grocery-delivery megadeal that Uber had walked away from. The brief report gives no deal terms or share-price magnitudes, and leaves the eventual winner uncertain.
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