Amazon walking away from its $1.7 billion iRobot deal leaves the Roomba maker without its founding CEO and staring down a 31% staff cut

Amazon walking away from its $1.7 billion iRobot deal leaves the Roomba maker without its founding CEO and staring down a 31% staff cut

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Rather than compromise with EU regulators, Amazon is walking away from a $1.7 billion deal to buy iRobot, sending the Roomba vacuum maker’s stock down roughly 7%. EU regulators had offered Amazon the chance to make changes in order to remedy its concerns that the deal would be anticompetitive, but…

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