9Mon·

After the EU Commission announced its intention to suspend the planned takeover of iRobot ($IRBT (-0.83%) ) by Amazon ($AMZN (-1.08%) ), the $IRBT (-0.83%) share fell by more than 40% in post-market trading.


The European Commission already stated in November concerns about possible competition problems in connection with the 1.7 billion US dollars deal.


According to the Wall Street Journal the EU Commission on Thursday with representatives of Amazon about the takeover and signaled that it was likely to be rejected will be rejected.

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Then $IRBT will probably become interesting for us investors again.
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Do you think it would be worth entering the market now at -40%?
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9Mon
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