iRobot shareholders approve merger agreement with Amazon
Justin Sullivan
Shareholders with iRobot Corporation (NASDAQ:IRBT) voted to approve the company's merger with Amazon (NASDAQ:AMZN) on October 12 at a special meeting. The company said the transactions contemplated by the amended merger agreement are expected to close promptly after all required regulatory clearances have been received, and subject to the satisfaction of other customary closing conditions.
The shareholder vote came after Amazon (AMZN) revised its deal with the Roomba robot vacuum maker last month, cutting the price it was paying to $51.75 in cash from the original deal price of $61.00, iRobot (IRBT) holders previously voted to approve the original deal on October 17 of last year.
Shares of iRobot (IRBT) moved up 1.56% in premarket trading on Friday to $38.31. iRobot (IRBT) is scheduled to report earnings on November 8.

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