DoorDash could announce a deal to acquire Instacart as early as Thursday morning, according to sources familiar with the matter who spoke to CNBC. The negotiations were revealed last week by The Information, which reported that Instacart was exploring a sale and had held talks with companies including Uber and DoorDash. Several outlets subsequently reported that DoorDash was in advanced discussions for an acquisition that would value Instacart at about $17 billion. Wednesday after the close, Instacart’s stock rose about 4%, while DoorDash shares fell by less than 1%.
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