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Under the amended agreement, iRobot to be acquired for $51.75 per share in cash iRobot is entering into new $200 million financing facility to fund its ongoing operations Today Amazon (NASDAQ:AMZN) and iRobot (NASDAQ:IRBT) announced that they have agreed to amend the existing te...
2023-07-19 07:45:15 ET The European antitrust review of Amazon's ( NASDAQ: AMZN ) planned $1.65 billion purchase of robot vacuum maker iRobot ( NASDAQ: IRBT ) has been delayed slightly. The European Commission pushed back the deadline for its decision on the deal by 20...
2023-07-13 11:05:34 ET Summary Merger arbitrage spreads are wide. A number of opportunities with spreads from 9% to 135%. Below you'll find a review of the most interesting setups in the merger arbitrage space. Merger arbitrage is an event-driven investment strategy focu...
2023-07-11 11:37:40 ET iRobot ( NASDAQ: IRBT ) jumped 1.5% after the Federal Trade Commission was defeated in its efforts to block Microsoft's ( MSFT ) $69 billion acquisition of Activision ( ATVI ). iRobot ( IRBT ) has been waiting to hear if the FTC w...
2023-07-06 13:48:37 ET iRobot ( NASDAQ: IRBT ) ticked down 0.2% after the robot vacuum cleaner's planned $1.65 billion sale to Amazon ( NASDAQ: AMZN ) received an in-depth review from European Union regulators. The European Commission set a deadline of Nov. 15 to dec...
2023-06-30 15:00:00 ET Welcome to Seeking Alpha's Catalyst Watch - a breakdown of some of next week's actionable events that stand out. Check out Saturday morning's regular Stocks to Watch article for a full list of events planned for the week, or the Seeking Alpha earnings calendar ...
2023-06-27 06:32:27 ET Summary Lordstown Motors files for Chapter 11 bankruptcy, with its stock plunging over 58% premarket; the company is also suing Foxconn for alleged breach of commitments. Jackson Financial reveals that at least 700,000 customers were exposed in a data breach...
2023-06-26 15:50:14 ET Europe's antitrust regulator is said to be evaluating whether Amazon ( NASDAQ: AMZN ) may favor iRobot ( NASDAQ: IRBT ) robot vacuum cleaners over rival brands in its probe of the planned acquisition of iRobot. The European Commission is looking to...
2023-06-22 13:06:59 ET Shares of iRobot (NASDAQ: IRBT) had fallen by 8.4% as of 11:45 a.m. ET in Thursday trading, after Reuters reported that the European Union has launched a "full-scale" antitrust investigation of Amazon 's (NASDAQ: AMZN) plan to acquire the maker of ...
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 a...
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iRobot Introduces Roomba Combo® 10 Max Robot + AutoWash™ Dock - Its Best-Cleaning, Most Intelligent and Independent Robot Vacuum and Mop Yet PR Newswire iRobot's first AutoWash™ Dock adds automatic mop pad washing and self-cleaning for a more hands-free cust...
2024-07-23 04:20:00 ET Investors in robotic vacuum maker iRobot Corporation (NASDAQ: IRBT) have experienced a whipsaw ride over the last five years: Shares first rocketed 375% higher early in the pandemic before plummeting 95% over the next four years. Even in this red-hot bull mark...
iRobot Schedules Second-Quarter 2024 Conference Call for August 7 PR Newswire BEDFORD, Mass. , July 18, 2024 /PRNewswire/ -- iRobot Corp. (NASDAQ: IRBT), a leader in consumer robots, today announced that it will issue its second-quarter 2024 financial results aft...