Blue Apron shares soared more than 130% Friday after the once-hot meal kit delivery service announced it was being acquired.
Wonder Group, a food delivery startup led by former Walmart and Jet executive Marc Lore, is buying Blue Apron in a deal that gives shareholders $13 per share, valuing Blue Apron at $103 million — a far cry from its $2 billion valuation just six years ago. The per share purchase price is a 137% premium over Thursday’s closing price of $5.49.
https://www.cnn.com/2023/09/29/business/blue-apron-sold/index.html
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