DoorDash reportedly in exclusive talks to acquire Instacart

Semafor cautions the talks could fall apart, while The Information reports a price of around $17 billion.

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TLDR

DoorDash is in exclusive talks to acquire Instacart, Semafor reports, citing people familiar with the matter, but the talks could fall apart. The Wall Street Journal also describes advanced negotiations. The Information reports a price of around $17 billion, while Semafor says it could not determine the price or deal structure. The Information previously reported that Instacart had also held talks with Uber.

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