Roomba maker iRobot's shares plunge on report Amazon deal …

Jan 19, 2024 · IRobot shares have lost more than 66% since the deal was announced. At $16.27, they are trading at less than a third of the $51.75-per-share amended price that Amazon has …

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Roomba Maker IRobot's Shares Plunge On Report Amazon Deal …

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Jan 19, 2024 · IRobot shares have lost more than 66% since the deal was announced. At $16.27, they are trading at less than a third of the $51.75-per-share amended price that Amazon has …

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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 …

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Roomba-maker IRobot Stock Plunges After Amazon Deal Axed, …

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Jan 30, 2024 · Meanwhile, iRobot shares have been in a sort of free fall since Amazon’s deal was struck—from $59.54 in August 2022, after news broke, to below $40 a year later, down to …

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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 …

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Amazon Abandons $1.4 Billion Deal To Buy Roomba Maker IRobot

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Jan 29, 2024, 5:43 AM PST. One of iRobot’s Roombas in action. Photo by Jennifer Pattison Tuohy / The Verge. Amazon’s deal to buy Roomba maker iRobot is off, the companies …

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Roomba Maker IRobot's Shares Plunge On Report Amazon Deal …

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Jan 19, 2024 · IRobot shares slumped 36% in premarket trading on Friday after a report the European Union antitrust regulator was planning to block Amazon.com's $1.4 billion buyout of …

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Shares Of IRobot Plunge 40% On Report EU Will Block Purchase By …

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Jan 19, 2024 · Shares of iRobot Corp. plummeted after hours on Thursday after the Wall Street Journal reported that the European Union plans to block Amazon.com Inc.'s purchase of the …

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Roomba Maker IRobot's Shares Plunge On Report Amazon Deal …

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Jan 19, 2024 · IRobot shares have lost more than 66% since the deal was announced. At $16.27, they are trading at less than a third of the $51.75-per-share amended price that Amazon has …

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IRobot Shares Plunge 19% On Report Amazon Won't Offer …

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The European Commission opened an in-depth probe into the purchase last July and is expected to rule on the deal by Feb. 14. Amazon announced its intention to acquire iRobot in August …

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Amazon And Roomba Maker Call Off Acquisition Deal, IRobot Lays …

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Jan 29, 2024 · Amazon and iRobot, the maker of the popular Roomba vacuum, mutually called off their estimated $1.7 billion acquisition deal Monday, citing numerous regulatory hurdles. …

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Roomba Maker IRobot's Shares Plunge On Report Amazon Deal …

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Jan 19, 2024 · IRobot IRBT shares slumped more than 30% in early trading on Friday after reports that the European Union antitrust regulator was planning to block Amazon.com's …

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Roomba Parent Shares Surge As Amazon Deal Nears: Report - MSN

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Shares of iRobot closed up nearly 40% on Friday following a report that Amazon's acquisition of the Roomba-maker is set to be approved by European regulators. Reuters cited three people …

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Used iRobot 960 Roomba robot vacuum. Retail value is $395. Price is $150 and it includes charging base.

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FAQs about Roomba maker iRobot's shares plunge on report Amazon deal … Coupon?

What happened to iRobot's Roomba?

One of iRobot’s Roombas in action. Amazon’s deal to buy Roomba maker iRobot is off, the companies announced today, after iRobot said the deal has “no path to regulatory approval in the European Union.” iRobot is also announcing that it’s laying off around 350 employees, or around 31 percent of its workforce as part of a restructuring. ...

Why did iRobot shares fall 35% in premarket trading?

(Reuters) -IRobot shares slumped 35% in premarket trading on Friday after a report the European Union antitrust regulator was planning to block Amazon.com's $1.4 billion buyout of the Roomba vacuum maker. ...

Did Amazon reject a Roomba deal?

Shares of the Roomba vacuum maker plunged nearly 40% to $14.3 in trading after the bell. WSJ reported that Amazon was informed during its meeting with European Commission's officials on Thursday that the deal was likely to be rejected. Amazon declined to comment on the report. ...

Why did iRobot lose a deal with Adobe?

Adobe in December scrapped its $20 billion deal for design software maker Figma, citing "no clear path" for antitrust approvals in Europe and the UK. Amazon in July slashed its offer by about 15% after iRobot incurred fresh debt. That month, the EU warned Amazon the deal, cleared by UK regulators, could reduce competition. ...

How much have iRobot shares lost since the deal was announced?

IRobot shares have lost more than 66% since the deal was announced. At $16.27, they are trading at less than a third of the $51.75-per-share amended price that Amazon has agreed to pay. The European Commission has until Feb. 14 to either approve or reject the deal. Our Standards: The Thomson Reuters Trust Principles. ...

Will Amazon's iRobot deal reduce competition?

That month, the EU warned Amazon the deal, cleared by UK regulators, could reduce competition. IRobot's shares have more than halved in value through Thursday close since the deal was announced. Their last close of $23.62 is well below the $51.75 per share amended price Amazon has agreed to pay. ...