Amazon is going to pay roughly 15% less to acquire iRobot after the robot vacuum maker incurred new debt. Both companies said Monday Amazon will now pay $51.75 per share, revised down from $61.00 per share or the $1.7 billion that was agreed on last year. The companies say iRobot taking on a $200 million loan to fund its ongoing operation. And that the lower acquisition price for Amazon is expected to be offset by the increase in iRobot’s net debt. The announcement also comes as Roomba maker is struggling to sell more of its home cleaning robots. The deal is still facing a review by regulators in the U.S. and Europe.
