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 victory for the US Federal Trade Commission in an industry where merger challenges are rare.
A federal judge blocked the planned $8.5 billion acquisition by Tapestry Inc., maker of Coach and Kate Spade handbags, of ...
Tesla stock moves lower after shares of the electric-vehicle maker surged 22% on Thursday, a judge grants the FTC request to ...
Capri Holdings tumbles after judge blocks $8.5B sale to Tapestry. Spirit Airlines to sell planes, cut jobs to boost liquidity ...
Capri Holdings Limited (NYSE:CPRI), a global fashion luxury group, today reported that, consistent with the requirements of ...
Capri Holdings stock dived 47% after a judge blocked a merger with Tapestry. Tapestry stock jumped 14%. Western Digital shares gained 12% as [the data storage company beat earnings estimates.
2hon MSN
A federal judge granted the FTC's motion to block the merger between Tapestry and Capri Holdings.
The F.T.C. had sued to halt the merger of Tapestry, the parent of Coach and Kate Spade, and Capri, the owner of Versace and ...
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