iRobot shares sink 17% amid EU antitrust probe - LinkedIn

#iRobot Corporation (NASDAQ:IRBT) shares sank 17% to close at $34.35 on Monday after the European Union’s (EU) antitrust watchdog said Amazon’s planned $1.7…

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IRobot Shares Sink 17% Amid EU Antitrust Probe - LinkedIn

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#iRobot Corporation (NASDAQ:IRBT) shares sank 17% to close at $34.35 on Monday after the European Union’s (EU) antitrust watchdog said Amazon’s planned $1.7…

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CNBC On LinkedIn: IRobot Shares Plunge 17% After EU Warns …

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The European Commission said it found that Amazon may have the ability to prevent or degrade iRobot rivals' access to its online site. iRobot shares plunge 19% after EU warns Amazon deal …

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IRobot Shares Plunges 17% After EU Antitrust Probe

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Nov 28, 2023 · The iRobot shares plunged 17% on Monday after the EU’s antitrust watchdog issued a warning that Amazon’s deal with iRobot, planned at $1.7 billion acquisition of the …

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Amazon's IRobot Deal Faces EU Antitrust Veto, Sources Say

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Jan 19, 2024 · Amazon's $1.4 billion acquisition of robot vacuum maker iRobot will be blocked by EU antitrust regulators, three people familiar with the matter said on Friday, as enforcers beef …

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Amazon's IRobot Deal Faces EU Antitrust Veto, Sources Say - Yahoo …

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Jan 19, 2024 · Amazon's $1.4 billion acquisition of robot vacuum maker iRobot will be blocked by EU antitrust regulators, three people familiar with the matter said on Friday, as enforcers beef …

yahoo.com

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Amazon Scraps $1.7 Billion Deal To Buy Roomba Maker IRobot …

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Jan 29, 2024 · Shares of iRobot tumbled as much as nearly 19% on news of the canceled deal. In 2022, Amazon announced that it would buy the Bedford, Massachusetts-based company for …

fortune.com

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Amazon’s $1.4 Billion IRobot Deal To Be Blocked By EU Antitrust …

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Jan 19, 2024 · Shares in Bedford, Massachusetts-based iRobot sank as much as 31% to $16.30 on Friday widening the deal spread to more than $35, the widest level since the merger …

yahoo.com

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Roomba Maker IRobot Shares Plunge On Report Amazon Deal Faces …

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Jan 19, 2024 · AMZN. IRBT. (Reuters) — IRobot shares slumped 36% in premarket trading on Friday after a report the European Union antitrust regulator was planning to block …

yahoo.com

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Amazon, Roomba-Parent IRobot Abandon $1.4 Billion Merger Deal

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Jan 29, 2024 · iRobot shares fell 7.2% in afternoon trading Monday. Since first reports the deal might be blocked by EU regulators two weeks ago, iRobot shares have fallen by half. Amazon …

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EU Antitrust Regulators Say Amazon's IRobot Deal May Restrict ...

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Nov 27, 2023 · EU antitrust regulators said on Monday Amazon's $1.4 billion acquisition of robot vacuum maker iRobot may squeeze out rival robot cleaners on its online marketplace.

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Amazon’s Purchase Of IRobot Could Restrict Competition, EU …

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Nov 27, 2023 · Amazon’s planned $1.45bn acquisition of iRobot has drawn a formal objection from the EU’s antitrust regulator, which said the deal could allow the tech giant to use its …

ft.com

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IRobot Sinks On Report European Regulator Plans To Block Amazon …

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Jan 19, 2024 · iRobot shares plunged 20% last Wednesday amid a report that Amazon didn't offer concessions in Europe to try to appease the antitrust regulator. Jan. 10 was the deadline for …

seekingalpha.com

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Amazon’s (AMZN) IRobot (IRBT) Takeover To Be Blocked By EU's …

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Jan 18, 2024 · Amazon.com Inc.’s proposed $1.4 billion acquisition of Roomba maker iRobot Corp. is expected to be blocked by the European Union’s antitrust regulator over concerns that …

bloomberg.com

FAQs about iRobot shares sink 17% amid EU antitrust probe - LinkedIn Coupon?

Will iRobot be blocked by EU antitrust regulators?

BRUSSELS, Jan 19 (Reuters) - Amazon's (AMZN.O) $1.4 billion acquisition of robot vacuum maker iRobot (IRBT.O) will be blocked by EU antitrust regulators, three people familiar with the matter said on Friday, as enforcers beef up scrutiny of Big Tech deals. ...

What happened to iRobot shares?

Shares in Bedford, Massachusetts-based iRobot sank as much as 31% to $16.30 on Friday widening the deal spread to more than $35, the widest level since the merger announced more than a year ago. The Wall Street Journal first reported the expected decision from the meeting. The deal is likely to face opposition in the US as well. ...

Will Amazon's iRobot acquisition squeeze out rival robot cleaners?

BRUSSELS, Nov 27 (Reuters) - EU antitrust regulators said on Monday Amazon's (AMZN.O) $1.4 billion acquisition of robot vacuum maker iRobot (IRBT.O) may squeeze out rival robot cleaners on its online marketplace. ...

Will iRobot merge with Amazon?

WASHINGTON (Reuters) - Amazon and robot vacuum maker iRobot said Monday they would end their plans to merge in the face of opposition from EU antitrust regulators. Amazon said its proposed $1.4 billion acquisition of iRobot had no path to regulatory approval in the European Union. ...

Why did iRobot stock fall 37% in premarket trading?

Report here. iRobot Corp. shares plummet 37% in premarket trading after reports of Europe's antitrust regulator planning to challenge its sale to Amazon. ...

Will the European Union Block iRobot?

(Reuters) — The European Union's competition watchdog plans to block Amazon.com's $1.4 billion acquisition of robot vacuum maker iRobot, The Wall Street Journal said on Thursday, citing people familiar with the matter. Shares of the Roomba vacuum maker plunged nearly 40% to $14.3 in trading after the bell. ...