Blue Apron Inc. shares were surging more than 100% in premarket trading Friday after the Wall Street Journal reported that the meal-kit company has reached a deal to be acquired.
Wonder, a food-delivery startup, intends to purchase Blue Apron APRN, -4.60% in a deal that would give shareholders $13 per share of Class A stock through a tender offer, the WSJ said, citing conversations with executives at Blue Apron and Wonder. The deal assigns a roughly $103 million valuation to Blue Apron, which was valued at almost $2 billion when it came public in 2017.
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