MW: FTC asks Amazon & iRobot for additional information and docs relating to their deal

MARKETWATCH reports:

The Federal Trade Commission has requested additional information and documentary materials from Amazon.com Inc. and Roomba parent iRobot Corp. relating to their planned merger, according to a regulatory filing on Tuesday.

The companies expect to promptly respond to the request, which will extend the waiting period imposed by the Hart-Scott-Rodino Antitrust Improvements Act until 30 days after they have complied.

Amazon announced plans to acquire iRobot for $61 a share in cash in August, in a deal that values the company at about $1.7 billion, including debt. iRobot shares were down 1.4% premarket and have fallen 12% in the year to date, while the S&P 500 has fallen 18%.