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Amazon and iRobot scrap their acquisition plan, see no path to approval in EU

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Amazon and iRobot scrap their acquisition plan, see no path to approval in EU


Amazon.com Inc. and Roomba parent iRobot Corp. said Monday they are terminating their planned acquisition agreement because they believe there’s no path to regulatory approval in the European Union, sending iRobot’s stock sharply lower. “We’re disappointed that Amazon’s AMZN, acquisition of iRobot…

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