Instacart required to pay DoorDash termination fee of $650 million
DASH•An SEC filing says Instacart must pay DoorDash a $650 million termination fee. DoorDash would owe Instacart $1.25 billion in cash if the deal is terminated under certain circumstances.
1. Termination fees
The SEC filing says Instacart is required to pay DoorDash a $650 million termination fee. DoorDash would be required to pay Instacart $1.25 billion in cash if the deal is terminated under certain circumstances.
