and iRobot have announced the termination of their merger plans due to opposition from EU antitrust regulators. iRobot is implementing a significant restructuring plan, including a workforce reduction of 31% and the departure of founder Colin Angle as CEO. 's proposed $1.4 billion acquisition of iRobot was unable to gain regulatory approval in the European Union.
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abandons $1.4 billion iRobot acquisition after EU veto threat
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iRobot abandon merger in face of EU opposition – ThePrint – ReutersFeed
iRobot abandon merger in face of EU opposition
cancels iRobot takeover after EU regulatory opposition - Beach Fm Online
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Abandons $1.4bn iRobot Buy Amidst EU Opposition
iRobot abandon merger in face of EU opposition
iRobot abandon merger in face of EU opposition - The Economic Times
iRobot Dismiss Merger Amid Opposition From EU Regulators
terminates takeover of iRobot over EU regulatory issues
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