Roomba maker iRobot files for bankruptcy, pursues manufacturer buyout
iRobot, the maker of the Roomba vacuum cleaner, filed for bankruptcy protection on Sunday, saying that it would go private after being bought by Picea...
Last updated: 2025-12-16 05:10:36 ET
iRobot, the maker of the Roomba vacuum cleaner, filed for bankruptcy protection on Sunday, saying that it would go private after being bought by Picea...
iRobot survived three decades of competition, but couldn't survive European regulators killing its Amazon buyout. Now it's being taken over by its own supplier in bankruptcy court.
At this small buyout firm, talking about AI for cost-cutting is off-limits
A master of leveraged buyouts, he bought baseball and hockey teams in Texas and an English soccer club, only to lose them in an avalanche of debt.
Construction materials specialist GRS has acquired the 23.7 per cent stake in its business held by Tarmac, ending a long-standing shareholding arrange...