Business

iRobot Stock Plunges as Its Takeover by Amazon Likely Is Dead

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Amazon’s $1.4 billion deal for Roomba-maker iRobot looks set to be blocked by European Union antitrust authorities. It’s only a small setback for the e-commerce giant but it’s a reminder that regulators are still skeptical over acquisitions made by big technology companies.

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iRobot Stock Plunges as Its Takeover by Amazon Likely Is Dead