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Capri, Tapestry
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.
Tapestry, Capri file notice to appeal court decision blocking their $8.5 billion merger
Tapestry and Capri Holdings 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, according to a court filing Monday.
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.
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.
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.
Capri Stock Craters After Judge Blocks Tapestry Merger: What to Know
Capri Holdings stock has been nearly cut in half Friday after a U.S. judge blocked the retailer's proposed merger with Kate Spade parent Tapestry.
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.
Merger of handbag makers Tapestry, Capri halted as judge sides with FTC in antitrust case
A U.S. District judge has halted the merger between makers of Coach and Michael Kors handbags, saying it would reduce competition and hurt consumers.
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.
Capri's Outlook Dims After Tapestry Deal Gets Blocked
Capri, already struggling, could look to sell Versace and even go private to right itself, according to analysts.
19h
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
Capri Sinks After FTC Wins Halt to $8.5 Billion Tapestry Tie-Up
Shares of Capri Holdings Ltd. plunged Friday morning after a federal judge on Thursday blocked the company’s planned $8.5 ...
JD Supra
1d
FTC Wins Preliminary Injunction of "Accessible Luxury" Handbag Transaction
Earlier this year, the
FTC
voted unanimously (5-0) to challenge Tapestry, Inc.'s proposed $8.5 billion acquisition of
Capri
Holdings. According to the
FTC
complaint, the parties "compete on ...
5d
Judge blocks Coach owner Tapestry's proposed acquisition of Michael Kors parent Capri
A federal court judge has blocked the proposed merger between Tapestry-owned Coach and Capri parent Michael Kors. The ...
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