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DoorDash will acquire Instacart in a deal valued at roughly $17 billion, paying $65 per share — a 26% premium. The merger still faces likely antitrust scrutiny.
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Tech
DoorDash will acquire Instacart in a deal valued at roughly $17 billion, paying $65 per share — a 26% premium. The merger still faces likely antitrust scrutiny.

Tech
Tesla and SpaceX have formed special committees to weigh a possible merger, Elon Musk said, calling the idea 'a good idea' but warning nothing is guaranteed.

Tech
Paramount has closed its $111 billion merger with Warner Bros. Discovery after the Supreme Court refused to block it. The new company is called Skydance.

Tech
Paramount has closed its $110 billion acquisition of Warner Bros. Discovery, creating a new company called Skydance that controls HBO Max, Paramount+ and major Hollywood franchises.