Michael Kors owner’s stock craters after judge blocks $8.5B merger of top US handbag makers
FTC sued to block the deal in April, saying it would eliminate “direct head-to-head competition” between the top two US ...
Judge blocks Coach owner Tapestry's proposed acquisition of Michael Kors parent Capri
A federal judge blocked Tapestry's acquisition of Capri on Thursday following a brief trial last month in New York. In her ...
With Tapestry Deal Unraveling, Michael Kors's Owner Is Left Holding the Bag
A judge has blocked Coach owner Tapestry from buying rival Capri, endorsing the Federal Trade Commission’s competition ...
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.
Judge blocks $8.5B merger of luxe brands Coach, Michael Kors in shock setback
The companies argued the deal was needed to fight back against European players like Gucci, which are increasingly grabbing ...
Post and Courier2d
$1B EV writedown dents Ford's bottom line; Coach, Kors parents appeal legal ruling
NEW YORK — Tapestry Inc. and Capri Holdings Ltd. have filed their notice to jointly appeal the decision by a judge to ...
Coach-Michael Kors Deal Blocked by Judge
A federal judge blocked Tapestry from closing its acquisition of rival Capri, dealing a blow to their ambitions to create a ...
ConsumerAffairs4d
Judge halts Coach-Michael Kors merger
Consumers would have less cash in their purses if a proposed Coach-Michael Kors merger went through, the Federal Trade ...