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Amazon, iRobot abandon merger in face of EU opposition - Vimarsana News

Amazon, iRobot abandon merger in face of EU opposition

Amazon and iRobot have announced the termination of their merger plans due to opposition from EU antitrust regulators. iRobot is implementing a significant restructuring plan, including a workforce reduction of 31% and the departure of founder Colin Angle as CEO. Amazon's proposed $1.4 billion acquisition of iRobot was unable to gain regulatory approval in the European Union.

Outgoing Whole Foods CEO: "I Feel Like Socialists Are Taking Over" - Vimarsana News

Outgoing Whole Foods CEO: "I Feel Like Socialists Are Taking Over"

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