The DoorDash (DASH.O), opens new tab chief executive has offered, opens new tab to gobble up Deliveroo (ROO.L), opens new tab, valuing his British peer at $3 billion after deducting net cash.

(Reuters) -U.S. meal delivery firm DoorDash will buy Deliveroo in a deal valuing the British rival at about 2.9 billion pounds ($3.85 billion), the companies said, banking on a bigger reach and ...