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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 ...
2h
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 ...
13h
US court blocks Tapestry's $8.5 billion acquisition of rival Capri
A U.S. judge blocked the pending $8.5 billion merger of U.S. handbag and accessories maker Tapestry and Capri on Thursday, a ...
3h
on MSN
These Stocks Are Moving the Most Today: Tesla, Capri, Western Digital, Spirit Airlines, Deckers, Coursera, and More
Tesla stock moves lower after shares of the electric-vehicle maker surged 22% on Thursday, a judge grants the FTC request to ...
4h
on MSN
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 ...
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