DoorDash Bars LinkedIn Ties With Instacart Staff in $17 Billion Merger
Updated
Updated · Business Insider · Nov 3
DoorDash Bars LinkedIn Ties With Instacart Staff in $17 Billion Merger
3 articles · Updated · Business Insider · Nov 3
Summary
DoorDash told employees not to send or accept new LinkedIn connection requests with Instacart staff, according to an internal Q&A filed with the SEC.
The restriction is meant to keep the two companies operating as independent competitors until the acquisition closes, limiting gun-jumping risks such as sharing sensitive information, coordinating behavior or discussing jobs without approval.
DoorDash and Instacart expect the $17 billion deal to close in late 2027 or the first half of 2028, extending the period in which employees must avoid cross-company contact.
M&A specialists told Business Insider they had not previously encountered a social-media connection ban in a pending deal, though some said it could also help prevent talent poaching between the two rivals.