Amazon’s acquisition of iRobot could be in trouble, if the Roomba maker’s stock price is any indication. iRobot shares are trading more than a quarter below Amazon’s proposed buyout price as investors weigh whether regulators in the U.S. and Europe will challenge the buyout. Under the terms of the deal announced in August, Amazon wants to acquire iRobot for $61 per share in cash. During the...
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Musk Puts $20 Billion Value on Twitter
Elon Musk offered Twitter employees stock grants at a valuation of roughly $20 billion, said a person familiar with an email Musk sent to staff, less than half what he paid to buy the company. It was a concrete acknowledgment of how much Twitter’s value has dropped since the deal—but it is still well above public market valuation levels for Twitter’s rivals.
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