By Dean SealShares of iRobot sank on a report that Europe's competition regulator intends to block Amazon.com's $1.7 billion acquisition of the Roomba maker. Shares had already fallen to a 10-year low of $23.62 at the close Thursday. Amazon shares meanwhile were about flat with where they closed the market. Last week, Amazon missed a deadline to offer remedies to the European Union for the acquisition following concerns from the bloc about the deal stifling competition in the market for robot vacuum cleaners. Write to Dean Seal at dean.seal@wsj.com(END) Dow Jones Newswires01-18-24 1756ET

Source: Wall Street Journal January 18, 2024 23:00 UTC