US Stock and Financial News
iRobot Is Being Acquired by Amazon for $1.7 Billion. iRobot Stock Soars.
The tech giant said Friday it was buying smart vacuum cleaner company, iRobot marking its second deal in about the last two weeks. iRobot (ticker: IRBT) is being acquired in an all-cash transaction for roughly $1.7 billion, including debt. The deal works out at $61 a share and is about a 22% premium to iRobot’s closing price on Thursday.