Amazon abandons $1.4 billion iRobot acquisition after EU veto threat
Amazon is no longer buying iRobot, makers of the Roomba vacuums.
Source: yahoo.com
Page 19 - Colin Angle News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from Colin Angle. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In Colin Angle Today - Breaking & Trending Today
iRobot Lays Off 350 Employees as Amazon Kills Merger Elizabeth Warren Opposed
The robot vacuum company is based in Massachusetts, meaning some of the terminated employees are likely Warren's constituents.
Source: yahoo.com
Amazon aborts $1.4B takeover of iRobot - maker of Roomba vacuum
Amazon has axed its $1.45 billion acquisition of iRobot ahead of an anticipated formal objection from regulators,
Source: dailymail.co.uk
Amazon calls off bid to buy robot vacuum cleaner iRobot amid scrutiny in the US and Europe – Winnipeg Free Press
Breaking News, Sports, Manitoba, Canada
Source: winnipegfreepress.com
Amazon calls off bid to buy robot vacuum cleaner iRobot amid scrutiny in the US and Europe
Amazon called off its purchase of robot vacuum maker iRobot on Monday, blaming “undue and disproportionate regulatory hurdles" after the European Union signaled its objection to the deal. The deal faced antitrust scrutiny on both sides of the Atlantic, but most strongly in Europe, where regulators investigating competition concerns were expected to issue a final decision by Feb. 14. Amazon announced in 2022 that it would buy iRobot, maker of the circular-shaped Roomba vacuum, for $1.7 billion in cash.
Source: yahoo.com