Jennifer Pattison Tuohy
iRobot has no buyer and no money.
The Roomba robot vacuum maker reported in a regulatory filing that its last potential buyer has withdrawn. The company, which has been seeking a sale since its deal with Amazon was scuppered by EU regulatory scrutiny, warned it could be forced to seek bankruptcy.
Amazon CEO Andy Jassy called it “a sad story” and an example of regulation gone wrong in an interview with CNBC today.
