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Amazon will pay 15% less for iRobot as the robot vacuum maker takes on new debt

Por: ABC News Tech July 26, 2023

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NEW YORK -- Amazon will pay roughly 15% less to acquire iRobot after the robot vacuum maker incurred new debt. The companies said this week that the Seattle-based tech giant will pay $51.75 per share, revised down from $61.00 per share, or $1.7 billion, that was agreed on last year. iRobot, based in Massachusetts, took on a $200 million loan to fund ongoing operations, the companies said. For , the lower acquisition price is expected to be... + full article



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