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IRobot Discloses Saga Behind Amazon Acquisition

By
Paris Martineau
· · Source: The Information

The $1.7 billion bid Amazon announced last month to buy iRobot, the company behind the Roomba vacuum, was not Amazon’s first attempt to acquire the company. According to a Thursday securities filing from iRobot, which reveals new details about what happened behind the scenes of the negotiation process, Amazon had previously approached the Rooma maker in November 2016 about a deal. In that...

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