The Marked Chart Wire · Series of events
Series of events · DoorDash Instacart
DoorDash reportedly nears $17 billion Instacart deal
Reports indicate DoorDash is negotiating to buy Instacart for about $17 billion, with shares rising on the news.
Updated
What happened, in order
Times are Eastern-
Where it began
Talks reported
DoorDash is reportedly in advanced negotiations to acquire Instacart, with the deal potentially closing as soon as this week.
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Price set
DoorDash is said to be close to finalizing an acquisition of Instacart for approximately $17 billion.
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Latest
Shares rise
Reportedly, DoorDash is in advanced negotiations to buy Instacart for $17 billion, and shares rose 4 percent in after-hours trading.
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How they connect
Initial reports described advanced negotiations between the companies. Later reports specified the deal value at approximately $17 billion and noted a 4 percent rise in Instacart shares.
What to watch
- Deal potentially closing as soon as this week
The stocks in this series
Prices from Based on Wed, Oct 28 close · Opens Thu 9:30 AM ET. Each tile opens the stock's chart and news.
A series is a short summary of connected news, for learning. Not verified and not advice. Check the full stories before you act.