Why iRobot is worried about Amazon deal falling apart
The outcome of Amazon.com Inc’s proposed takeover of iRobot Corp has left many anxious. The worries come after a competition warning from Europe’s antitrust watchdog cast doubts on the deal’s path to closing. The robot-vacuum maker’s stock was whipsawed this week and now trades more than 30% below Amazon’s $51.75-per-share offer Tuesday. What’s causing the …