MarketWatch14d
Stocks to Watch: Tapestry, Capri Holdings, Spirit Airlines, Mohawk Industries
Tapestry's acquisition of rival Capri was blocked by a federal judge, dealing a blow to the company's intent to create a house of brands including Coach, Kate Spade, Michael Kors, Versace and ...
The Telegraph14d
Merger of handbag makers Tapestry, Capri halted as judge sides with FTC in antitrust case
In her ruling Thursday, U.S. District Judge Jennifer Rochon noted that Tapestry Inc. and Capri Holdings are “close competitors” and that the merger would result in “the loss of head-to-head ...
Wall Street Journal14d
Judge Blocks Deal to Unite the Coach and Michael Kors Brands
A federal judge blocked Tapestry’sTPR2.14%increase; green up pointing triangle acquisition of rival Capri CPRI-0.50%decrease; red down pointing triangle, dealing a blow to their ambitions to ...
MarketWatch14d
Capri's Stock Plunges as Tapestry Shares Rise After Judge Blocks $8.5B Deal
Shares of Capri tumbled after a federal judge blocked the company's $8.5 billion sale to its fashion rival Tapestry. Capri's stock fell 50% to $20.85 in post-market trading on Thursday ...
CNN14d
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 ...