Amazon Lowers Acquisition Price of iRobot by 15% Amid Regulatory Scrutiny

Amazon initially offered $1.7 billion to acquire iRobot, maker of Roomba robotic vacuums.
To fund operations amid delays, iRobot took on $200 million in new debt that Amazon will assume.
Amazon revised its offer to $1.42 billion, or $51.75 per share, 15% below the original bid.
The deal faces antitrust scrutiny in Europe, with regulators conducting an investigation before approval.
iRobot shareholders still need to agree to the lowered price for the acquisition to proceed.