DoorDash Tells Workers Not to Connect with Instacart Peers on LinkedIn
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DoorDash tells employees not to connect with their Instacart counterparts on LinkedIn. This unusual request comes as part of a $17 billion acquisition deal.
In a SEC-filed Q&A document, DoorDash explicitly states:
Can I connect with Instacart employees on LinkedIn?
Not at this time. Please do not request any new connections with any Instacart employees on LinkedIn, even if you have a prior relationship.
This guidance underscores how a pending merger can alter the dynamics within companies, requiring them to maintain independence until the deal closes.
Merging companies must prevent "gun-jumping"—actions that could scupper the deal before completion—such as sharing sensitive information or coordinating on pricing.
"You're supposed to continue to act like independent competitors until the deal closes," says David Gelfand, senior counsel specializing in antitrust law.
By Alex Bitter and Sarah E. Needleman