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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 ...
Under the terms of the merger agreement, Amazon will pay iRobot a $94 million termination fee. Amazon has had a mixed record with competition regulators in recent years, completing a deal for ...
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%.
After all, Amazon gets your monthly or yearly fee, then gets a cut of products you purchase. Amazon is acquiring iRobot for $1.7 billion. (AP Photo/Eugene Hoshiko) (ASSOCIATED PRESS)
Amazon and iRobot, the maker of the popular Roomba vacuum, have mutually called off an acquisition deal initially valued at about $1.7 billion, citing numerous regulatory hurdles.
Amazon is set to buy iRobot for $1.7 billion.
If there's one thing that should be at the top of your list during Amazon Prime's Big Deal Days Sale (which is happening now and ends tomorrow, October 11), it's a brand-new vacuum cleaner. Specifi
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.