DoorDash held talks to buy Instacart- The Information

FILE PHOTO: A delivery person for Doordash rides his bike in the rain during the coronavirus disease (COVID-19) pandemic in the Manhattan borough of New York City, New York, U.S., November 13, 2020. REUTERS/Carlo Allegri/File Photo

(Reuters) - U.S. food delivery firm DoorDash Inc held talks over the past two months to buy grocery delivery company Instacart for a likely price of between $40 billion and $50 billion, The Information reported on Wednesday, citing people familiar with the situation.

The talks have fallen apart in recent weeks, the report added, partly over concerns whether the deal would get antitrust regulators' approval. https://bit.ly/3CFoWUV