DoorDash’s Caviar Dreams and Experiential Cheesecake

This edition of MRM’s News Bites features DoorDash and Square, Cheesecake Factory, delivery.com, California Pizza Kitchen,  White Castle and Uber Eats, Wayback Burgers and  PourMyBeer and Micro Matic.

DoorDash to Acquire CaviarDoorDash entered into a definitive agreement with Square (NYSE: SQ) to acquire Caviar for $410 million in cash and DoorDash preferred stock.

Company officials said the acquisition creates a highly differentiated company with a unique brand and wide-ranging selection. It also underscores both DoorDash and Caviar’s strategic commitment to merchant selection. The addition of Caviar’s premium restaurants, with whom DoorDash will work closely to drive their growth, will enable the combined organization to cater to every food preference and occasion. Caviar’s complementary geographic footprint provides DoorDash with a significant number of new and unique customers, who will benefit from an even broader set of merchants.

The transaction continues to build…