DoorDash Limits Staff Contact With Instacart Before Deal Closes
The companies must remain independent while regulators review DoorDash’s $17 billion acquisition, which is not expected to close before late 2027.
Key takeaways
- DoorDash told employees not to send or accept LinkedIn requests from Instacart staff while the deal is pending.
- DoorDash expects the $17 billion acquisition to close in late 2027 or the first half of 2028, subject to approvals.
DoorDash has told employees not to send or accept LinkedIn connection requests from Instacart staff while its planned $17 billion acquisition remains pending. The companies must continue operating independently until the deal closes.
The guidance was included in an internal Q&A DoorDash filed with the SEC on Oct. 29, the day the deal was announced. DoorDash expects closing at the end of 2027 or in the first half of 2028, subject to shareholder approval and antitrust reviews in the U.S., Canada and Israel.
Chris Selland, a Northeastern University lecturer, described the policy as a guardrail against employees inadvertently crossing legal lines. He said conversations about job openings, compensation or shared accounts could create problems.
This article was produced with the help of AI technology. Based on reporting by the outlets listed above.
