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Today Amazon (NASDAQ: AMZN) and iRobot (NASDAQ: IRBT) announced that they have entered into a mutual agreement to terminate their previously announced acquisiti
by qainsights 3y ago
Today Amazon (NASDAQ: AMZN) and iRobot (NASDAQ: IRBT) announced that they have entered into a mutual agreement to terminate their previously announced acquisition agreement, originally signed on August 4, 2022, under which Amazon would have acquired iRobot for cash consideration. This deal would have allowed Amazon to invest in continued innovation by iRobot and support iRobot in lowering prices on products customers already love. The companies released the following statements today about the decision:
- dang 3y agoCan you please stop posting this kind of comment when you submit an article? It's not the convention here. I just mean this type of comment. It's fine to post comments to clarify something that otherwise won't be clear; or to express your personal view on some point; and so on. Please just don't post general summaries.