Doordash need to send its main proposal by May 23.
Shu co-founded Deliveroo in 2013, and he has greater than 6% of the business, making him the 3rd biggest investor.
The deal consists of $2.25 per share Deliveroo investors, which is 44% greater than the supply rate.
Doordash need to send its main proposal by May 23.
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