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Insider: DoorDash said to be nearing an Instacart takeover

A Reuters alert says DoorDash is nearing an acquisition of Instacart, citing an insider.

CARTDASH

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09:28:15 PM UTC
SquawkNews
Shares of Instacart (CART) jumped 8% on Monday following reports that rival delivery firm DoorDash (DASH) is in talks to acquire it in a deal valuing the company at $17 billion.According to a report from The Wall Street Journal, citing people familiar with the matter, a deal between DoorDash and In…