8-KItem 1.01 · Material AgreementItem 7.01 · Reg FD DisclosureItem 8.01 · Other EventsItem 9.01 · Financial Statements
DoorDash Agrees to Acquire Instacart for Approximately $17 Billion
Filed with the SEC on · Summarized by InvestorsBot
DoorDash entered into a merger agreement to acquire Maplebear, the parent company of Instacart, valuing Instacart at $65 per share, or approximately $17 billion. Instacart shareholders may elect cash, DoorDash stock, or a combination, with at least 75% of the consideration in cash and DoorDash stock capped at 25%; closing is expected by the end of 2027 or the first half of 2028, subject to shareholder and regulatory approvals.