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IRBTQ — iRobot News Story

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iRobot enters Chapter 11, lender to acquire Roomba maker

Dec 14 (Reuters) - iRobot IRBT.O said on Sunday that it has started a pre-packaged Chapter 11 bankruptcy process in the district of Delaware.

The Roomba-maker said it has entered into a restructuring support agreement (RSA) with a secured lender and its primary contract manufacturer Picea to be acquired through a court-supervised process.

 (Reporting by Ananya Palyekar in Bengaluru; Editing by Sherry Jacob-Phillips)

 ((Ananya.Palyekar@thomsonreuters.com;))

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