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Square Selling Caviar to DoorDash is a Win for Both Companies

In conjunction with Square’s earning’s release this afternoon, investors were surprised to see another announcement that the company was selling its Caviar business to DoorDash for $410 million. The deal is a cash and stock offer, and will likely close by the end of this year according to the press release. Now, before we start analyzing the deal (and why I think it is a win-win scenario), let’s go through a short history of what Caviar is so we understand what DoorDash is ge



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