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Instacart shares hit $65

DoorDash announced a definitive agreement to acquire Instacart at $65.00 per share, representing a 26% premium to the closing price on October 22, 2026. The total equity value is approximately $17 billion.

Field
business and funding
What they did
DoorDash announced the acquisition of Instacart for $17 billion, offering $65 per share with a 26% premium.
Why it matters
The merger will help stores of all sizes reach more customers and provide consumers with greater choice and access to affordable delivery.
#doordash#instacart#acquisition#merger#funding

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