Versace's parent company stock plunged 45% after an affordable-luxury deal was blocked in court
A federal judge granted the FTC's motion to block the merger between Tapestry and Capri Holdings.
Capri stock craters 45% after judge blocks $8.5 billion Tapestry deal
Shares of Capri Holdings plunged after a US judge blocked its pending $8.5 billion merger with Coach owner Tapestry.
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Judge sides with FTC, blocking Kate Spade and Michael Kors merger
A federal judge has sided with the Federal Trade Commission, effectively blocking a merger of the company behind Kate Spade ...
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 for federal regulators who have sued to keep the tie-up from moving forward ...
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 ...
Two Stock Warnings: Capri Stock Plunged Over 50% and This
After the market closed yesterday, Capri Holdings (CPRI), a judge ruled against the planned sale to Tapestry (TPR). In response, the stock plunged by over 50%, while TPR stock should gain at least 10% ...
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Earnings ahead, Tapestry-Capri deal blocked - what's moving markets
US stock futures were muted on Friday as investors assessed a string of corporate earnings and looked ahead to more quarterly ...