Tapestry shares surged 12% after a federal judge blocked its $8.5 billion acquisition of Capri Holdings, whose shares plummeted nearly 46%. The deal was value-destructive for Tapestry, with no ...
and Capri Holdings, an FTC spokesperson confirmed to sister publication Fashion Dive on Thursday. Tapestry and Capri Holdings plan to appeal, both companies said in separate press releases ...
Oct 25 (Reuters) - Capri shares (CPRI.N), opens new tab 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 ...
The legend is back for the first time in nearly four decades. Ford’s new Capri EV is headed to the first customers across Europe. Following the electric Explorer, the new Capri is Ford’s ...
Capri Holdings (CPRI), the parent company of Michael Kors and Jimmy Choo, saw shares plunge around 47% in early trading on Friday after a US judge blocked its pending $8.5 billion acquisition by ...
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 ...
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 ...
Capri Holdings (NYSE:CPRI) took a nosedive Friday, with shares sinking 48% after a U.S. judge shut down its $8.5 billion merger with Tapestry (NYSE:TPR), the parent of Coach. The ruling marked a ...
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 Michael Kors. By Lauren Hirsch and Jordyn Holman A federal judge moved ...