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Amazon’s iRobot Acquisition Likely to Face Full-Scale EU Probe

By
Theo Wayt
· · Source: Reuters

Amazon’s $1.7 billion acquisition of Roomba maker iRobot is likely to be the subject of a full EU antitrust investigation starting next month, Reuters reported on Thursday. iRobot shares closed down 8.3% at $45.41 following the report, putting them more than 25% below Amazon’s proposed acquisition price of $61 per share and indicating skepticism from investors that the deal will be completed....

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OpenAI's Greg Brockman (left) and Google's Demis Hassabis (right). Photos by Getty.
AI Agenda google ai
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Flexport founder Ryan Petersen. Photos via Getty and Flexport.
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AI Agenda startups ai
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