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Amazon Sucks Up iRobot In Merger With Bigger Implications Than Cleaning House

Amazon Sucks Up iRobot In Merger With Bigger Implications Than Cleaning House
Amazon published a press release this morning announcing that it has entered into a merger agreement with iRobot, the company best known for its Roomba line of robot vacuum cleaners. So long as the deal receives shareholder and regulatory approval, Amazon will acquire iRobot for a $61 per share, totaling approximately $1.7 billion. The merger

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Author: Nathan Wasson