January 01, 1970 - BY Times of India - Tech

Why iRobot is worried about Amazon deal falling apart

The proposed acquisition of iRobot Corp by Amazon.com Inc has generated significant concerns, particularly in the wake of a competition warning issued by Europe's antitrust watchdog. The uncertainty surrounding the deal's regulatory approval has led to fluctuations in iRobot's stock, which now trades over 30% below Amazon's initial offer of $51.75 per share as of Tuesday.