By Dean Seal
Amazon.com and iRobot have agreed to terminate their acquisition deal, citing challenges to gaining regulatory approval in the European Union.
The companies said Monday that they have signed a termination agreement resolving all outstanding matters relating to the transaction.
Amazon will pay iRobot a $94 million termination fee.
Write to Dean Seal at dean.seal@wsj.com
(END) Dow Jones Newswires
01-29-24 0900ET