Troubled robot vacuum-cleaner maker iRobot, abandoned by Amazon after regulators effectively doomed the web giant’s takeover offer, has warned investors it may not survive the next 12 months.
Troubled robot vacuum-cleaner maker iRobot, abandoned by Amazon after regulators effectively doomed the web giant’s takeover offer, has warned investors it may not survive the next 12 months.
Don’t worry, the new strategy is to string a company along with talks of a buyout, then when their cash runs out and they declare bankruptcy, to buy all the assets on fire sale.
Owners of the take over target shoulda worked harder and maybe ate less avocado toast?