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Amazon is set to buy iRobot for $1.7 billion.
(Reuters) -IRobot shares slumped nearly 30% in early trading on Friday after a report the European Union antitrust regulator was planning to block Amazon.com's $1.4 billion buyout of the Roomba ...
Amazon will pay the maker of the circular-shaped Roomba vacuum a previously agreed termination fee of $94 million, iRobot said in a separate announcement, which also disclosed that it would lay ...
iRobot said Monday that a planned deal to be acquired by Amazon would not go through — a development that caused the Roomba floor vacuum maker to announce it would now lay off 31% of its staff.
Amazon is the go-to online shopping outlet for low prices and fast delivery times. Not all items are dirt cheap, but their rave reviews suggest that they are definitely worth the cost. Check Out:...
Rather than compromise with EU regulators, Amazon is walking away from a $1.7 billion deal to buy iRobot, sending the Roomba vacuum maker’s stock down roughly 7%.. EU regulators had offered ...