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IRBT Forex News
IRobot Fall Continues On Reports Of EU Regulator's Plan To Block Amazon Acquisition
The European Union's competition regulator plans to block Amazon.com Inc.'s proposed $1.4 billion acquisition of robot vacuum maker iRobot Corp., reports said. Following the news, the shares, which fell more than 14 percent on Thursday's regular trading on Nasdaq, extended its loss by 38 percent in the pre-market activity on Friday.
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476 days ago
Amazon Not Offering Concessions To EU For IRobot Deal Approval
e-commerce behemoth Amazon.com, Inc. has not offered concessions to the European Commission in its bid to garner approval for its proposed $1.7 billion takeover of Roomba robot vacuum cleaner maker iRobot Corp., according media reports on Thursday.
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484 days ago
IRobot Stock Hit By EU's Competition Concerns About Amazon Deal
The European Commission, which was probing Amazon.com Inc.'s proposed $1.7 billion acquisition of consumer robot company iRobot Corp., said it has competition concerns regarding the deal. Following the news, the shares sank 17.2 percent on Monday's regular trading on Nasdaq to close at $34.35. However, in the after-hours trading, the shares gained around 2.5 percent.
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528 days ago