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UK regulator clears Amazon's (AMZN) $1.7bn iRobot acquisition

June 16, 2023 12:19 PM EDT

On Friday, the U.K. Competition and Markets Authority (CMA) announced that Amazon's (NASDAQ: AMZN) plan to acquire iRobot Corp for $1.7 billion has been approved.

In April, the regulator began an investigation into the takeover of Roomba maker. After their... More