2023-06-22 10:10:59 ET
- iRobot ( NASDAQ: IRBT ) fell 3.4% on a report that the European Union is set to open an in-depth investigation into the Amazon's ( NASDAQ: AMZN ) planned acquisition.
- Amazon ( AMZN ) is unlikely to offer remedies during the the EU antitrust preliminary review of the deal, according to a Reuters report, which cited people familiar.
- The European Commission is scheduled to finish its initial review of the deal on July 6.
- The report comes after iRobot ( IRBT ) shares surged 21% on Friday after the UK's antitrust regulator approved the transaction.
- Developing story ...
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iRobot drops on report EU set to open in-depth probe into Amazon deal