U.S. begins antitrust review of Amazon’s takeover of vacuum maker iRobot

U.S. begins antitrust review of Amazon’s takeover of vacuum maker iRobot

Amazon in August announced its all-cash deal of $61 per share to acquire iRobot, maker of the robotic vacuum cleaner Roomba Amazon in August announced its all-cash deal of $61 per share to acquire iRobot, maker of the robotic vacuum cleaner Roomba The U.S. Federal Trade Commission has begun a review of Amazon.com’s $1.7 billion […]

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Amazon’s iRobot deal seen facing tough FTC antitrust review

Amazon’s iRobot deal seen facing tough FTC antitrust review

Antitrust experts say the deal is expected to draw a tough review from the US Federal Trade Commission led by Chair Lina Khan, a critic of the e-commerce platform’s market dominance. The agency will also review Amazon’s $3.49 billion deal last month to buy 1Life Healthcare, the parent of One Medical. The FTC didn’t challenge […]

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Alexa! Start my Roomba: Amazon buys robot vacuum maker for .7 billion

Alexa! Start my Roomba: Amazon buys robot vacuum maker for $1.7 billion

Amazon will pay $61 per share, valuing iRobot at a premium of 22% to the stock’s last closing price of $49.99 Amazon will pay $61 per share, valuing iRobot at a premium of 22% to the stock’s last closing price of $49.99 Amazon.com Inc will acquire iRobot Corp, maker of robotic vacuum cleaner Roomba, in […]

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