Business and Finance
DoorDash agrees to buy Instacart for about $17 billion in cash and stock
DoorDash will pay $65 a share for Instacart, a 26% premium to its price before media reports of a deal, the companies said on Thursday. The deal needs Instacart shareholder and regulatory approvals and is expected to close at the end of 2027 or in the first half of 2028.
