1. Channel: Ecommerce & Digital

Amazon Lowers iRobot Deal Price by 15% After Roomba Maker Incurs Fresh Debt

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Amazon.com has reduced the price it will pay for iRobot, the maker of Roomba vacuum cleaners, by approximately 15% to around $1.42 billion. The decision comes after iRobot incurred fresh debt and entered a $200 million financing facility. Under the amended deal, Amazon will now pay $51.75 in cash for each share of iRobot, down…

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