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Amazon's $1.7 billion buyout bid shrank to $1.4 billion as the robotic vacuum cleaner veteran took on more debt. But investors worry that the deal could fall through on regulatory concerns.
The e-commerce giant just lowered the per-share price it will pay to acquire the home robotics leader. Here's what it means for shareholders in both companies.
In a move to address the struggles faced by iRobot, Amazon and iRobot have agreed to modify the terms of their acquisition deal.
Amazon.com has reduced its acquisition price for iRobot by approximately 15 percent, lowering the deal to around $1.42 billion.
Amazon reduced its offer price and investors reacted.