DoorDash announced it will purchase Instacart for $17 billion in a deal valued at $65 per share, with the transaction expected to close in 2027 or 2028. Wall Street applauded the combination, but independent supermarkets and grocery stores expressed concern that the new entity will negatively impact their sales. DoorDash reported strong quarterly results and stated it plans to keep Instacart’s branding, technology, a
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