Amazon drops $1.4 billion iRobot deal after EU veto threat
CEO Colin Angle stepped down as the company embarks on a restructuring plan that will result in about 350 job cuts.
Source: dailybreeze.com
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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: reason.com
Amazon calls off bid to buy vacuum maker iRobot amid scrutiny in Europe and the US
The maker of the circular-shaped Roomba vacuum said it will undergo a restructuring plan and will lay off about 31% of its staff and its CEO will depart
Source: elpais.com
Amazon's bid to buy Roomba maker iRobot is called off amid pushback in 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 companies said in joint statement that they were disappointed but mutually agreed to terminate the acquisition. The deal faced antitrust scrut...
Source: japantoday.com
Amazon's bid to buy Roomba maker iRobot is called off amid pushback in Europe
Amazon has called off its purchase of iRobot, blaming "undue and disproportionate regulatory hurdles" after the European Union signaled its objection to the deal
Source: qz.com