Amazon Scraps Deal to Buy Roomba Maker iRobot Amid Scrutiny
Amazon walked away from the $1.7 billion acquisition of iRobot as it faces questions from regulators in the European Union and United States.
Source: nytimes.com
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Amazon calls off bid to buy Massachusetts-based iRobot
The companies said in joint statement that they “entered into a mutual agreement to terminate their announced acquisition agreement.”
Source: yahoo.com
Amazon rows back on planned purchase of iRobot
Amazon's general counsel and SVP blamed regulators for the deal's failure. He branded competition rules as 'undue and disproportionate'.
Source: siliconrepublic.com
Amazon Terminates $1.7 Bn Deal To Acquire IRobot Amid Regulatory Hurdles
San Francisco, Jan 29 (IANS) Amazon on Monday announced it has terminated its $1.7 billion acquisition of iRobot, the maker of consumer robotic vacuums, on
Source: glamsham.com
Amazon, IRobot Agree To End Merger As No Path To Regulatory Approval In The EU
Amazon (AMZN) and iRobot (IRBT) have entered into a mutual agreement to terminate previously announced acquisition agreement, under which Amazon would have acquired iRobot.
Source: rttnews.com
Amazon calls off bid to buy robot vacuum cleaner iRobot
LONDON — Amazon on Monday called off its proposed acquisition of iRobot, which was facing antitrust scrutiny on both sides of the Atlantic, with the ecommerce giant blaming “undue and
Source: journalgazette.net
Amazon calls off bid to buy Roomba maker iRobot amid pushback from EU
Amazon called off its purchase of robot vacuum maker iRobot on Monday, blaming "undue and disproportionate regulatory hurdles."
Source: calgarysun.com
IRobot Down 10% As Acquisition By Amazon Called Off
Shares of iRobot Corporation (IRBT) are falling more than 10% Monday morning after the consumer robot company said its acquisition by Amazon is being cancelled..
Source: rttnews.com
Amazon's $1.4bn acquisition of iRobot is over
Amazon's $1.4 billion acquisition of iRobot has been canceled, the two companies announced today, reports PR Newswire.
Source: readwrite.com
Merger between Amazon and Roomba maker iRobot abandoned over competition concerns
The $1.4bn (£1.1bn) deal collapsed after regulators in the EU and US expressed concerns it would give the vacuum cleaner maker an unfair advantage over its rivals. However, officials in the UK approved the bid.
United Kingdom Colin Angle David Zapolsky European Commission Federal Trade Commission Markets Authority
Source: sky.com