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Capri, Tapestry
Tapestry $8.5 Billion Capri Deal Halted by Judge in FTC Win
A federal judge blocked the planned $8.5 billion acquisition by Tapestry Inc., maker of Coach and Kate Spade handbags, of rival Capri Holdings Ltd., sending Capri shares down as much as 56% in postmarket trading.
Tapestry Capri Deal Gets Blocked, What Now?
Tapestry shares surged 12% after a federal judge blocked its $8.5B acquisition of Capri, whose shares plummeted nearly 46%. See why I rate TPR and CPRI as sell.
What Next After FTC Blocks Tapestry’s $8.5B Acquisition of Capri?
The government’s court victory threatens the deal, which was set to put Michael Kors, Coach and Kate Spade under the same corporate umbrella.
1h
on MSN
Widlitz: Tapestry should thank the FTC for getting the company out of the Capri Holdings deal
SW Retail Advisors' Stacey Widlitz discusses the broader impact of the decision by a judge to block Tapestry's takeover of ...
16h
US court blocks handbag maker Tapestry’s $8.5 billion acquisition of rival Capri
A US judge blocked the pending $8.5 billion merger of US handbag and accessories maker Tapestry and Capri on Thursday, a ...
43m
on MSN
Versace Parent Capri Stock Tumbles as Judge Blocks Merger With Coach Owner
Capri Holdings shares are plummeting nearly 50% in premarket trading Friday after a federal judge blocked Coach owner ...
7h
on MSN
Stock of Michael Kors owner Capri dives 45% after judge blocks merger with Tapestry
A federal judge on Thursday blocked Tapestry Inc.’s planned $8.5 billion acquisition of Capri Holdings, agreeing with ...
14h
on MSN
Judge sides with federal regulators, blocks luxury fashion merger
A federal judge on Thursday temporarily blocked luxury fashion conglomerate Tapestry from moving forward with its $8.5 ...
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