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Capri, Tapestry
Tapestry, Capri file notice to appeal court decision blocking their $8.5 billion merger
Tapestry Inc. and Capri Holdings Ltd. have filed their notice to jointly appeal the decision by a U.S. District judge to temporarily halt the merger between the makers of Coach and Michael Kors handbags,
FTC Blocks Tapestry-Capri Merger As Tapestry Vows To Fight For The Consumer
A federal court sided with the FTC to block Tapestry acquiring Capri Holdings, in a move Tapestry claims is "incorrect on the law and the facts." It plans to appeal.
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 victory for the Federal Trade Commission that is a likely death blow for the deal.
Capri Stock Slides as Tapestry Surges on Blocked Merger Ruling. Here’s Why.
Capri had more to gain from the acquisition, investors say. Meanwhile, a slowing market for luxury goods slowly made the deal less attractive for Tapestry investors.
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.
Capri tumbles 46% after US court blocks $8.5 bln merger with Tapestry
Capri shares slumped nearly 46% on Friday after a U.S. judge blocked its pending $8.5 billion merger with Coach parent Tapestry TPR.N, hurting the Michael Kors owner's chances of navigating challenges at the luxury brand.
Why the failed Capri merger is 'very good' for Tapestry stock
Capri Holdings (CPRI) stock fell sharply sharply Friday following a federal judge's decision to block its proposed acquisition by Tapestry (TPR), citing antitrust concerns. Both companies have stated their intent to appeal the decision Bernstein analyst Aneesha Sherman joins Market Domination to evaluate the investment potential of both companies in light of this development.
Tapestry-Capri merger blocked: Why it matters
The $8.5 billion deal is off for now. Capri stock plunged 45 per cent following the verdict as investors grow wary.
Federal judge blocks luxury brand merger between Tapestry and Capri
A federal judge issued a ruling blocking the pending merger of luxury fashion brands Tapestry and Capri on the grounds it would undercut competition in the handbag market.
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.
Capri Holdings Stock Tanks 50% After FTC Blocks Tapestry Merger. What Should Investors Do Now?
In today's video, I will discuss the Tapestry and Capri Holdings (NYSE: CPRI) merger that is currently being blocked. Check out the short video to learn more, consider subscribing, and click the special offer link below.
15h
Capri Holdings: Why I'm Not Buying After Sell-Off (Downgrade)
The FTC's antitrust decision against Capri's merger with Tapestry has halved CPRI stock. Click here for a detailed analysis.
4d
on MSN
Jueza bloquea plan de Tapestry de comprar Capri por US$8.500 millones
Una jueza federal bloqueó el proyecto de adquisición de Capri Holdings Ltd. por parte de Tapestry Inc., fabricante de los ...
5d
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 ...
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