Capri Shares Tumble 46% After US Court Blocks $8.5 Billion Merger With Tapestry
(Reuters) - Shares of Michael Kors owner Capri slumped nearly 46% in premarket trading on Friday after a U.S. judge blocked ...
MT Newswires on MSN54m
Capri's Proposed $8.5 Billion Acquisition by Tapestry Blocked by Federal Court
Capri (CPRI) shares plunged early Friday following a court ruling that temporarily blocked the luxury fashion company's proposed acquisition by Coach and Kate Spade owner Tapestry (TPR). The US ...
ca.investing.com on MSN59m
Capri plunges after US Judge blocks $8.5B merger deal with Tapestry
The $8.5 billion merger deal between US luxury groups Tapestry (NYSE:TPR) and Capri has been blocked by a US judge, in a win ...
Versace's parent company stock plunged 45% after an affordable-luxury deal was blocked in court
Versace's parent company, Capri Holdings, suffered a steep loss in after-hours trading on Thursday after a federal judge ...
Companies wrestle with when to merge as they assess Harris and Trump
Companies are in the dark about how exactly antitrust enforcement would shift under a new administration, upending merger ...
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Capri's stock drops after US Court blocks Tapestry's 8.5 billion dollar acquisition
The U.S. District Court for the Southern District of New York granted the U.S. Federal Trade Commission's motion for a ...