Tapestry shares surged 12% after a federal judge blocked its $8.5 billion acquisition of Capri Holdings ... as the FTC filed an official lawsuit. While Tapestry indicated it will fight to make ...
The parent companies of brands such as Coach, Kate Spade, Versace and Michael Kors decided not to proceed with a court battle ...
06:45 EST Capri Holdings (CPRI) announces termination of merger with Tapestry (TPR ... Toast gains 19% afterhours after earnings beat Capri not providing financial guidance due to transaction with ...
Fashion companies Capri Holdings Limited and Tapestry -- parent companies behind the Coach and Michael Kors brands -- ended ...
To the surprise of no one, Tapestry ( NYSE: TPR) has walked away from a potential merger with its struggling competitor Capri ...
For Tapestry, which gets 76% of its revenue from Coach, a mature brand, the goal of the merger was to find new sources of ...
Capri Holdings (NYSE:CPRI) and Tapestry, Inc. (NYSE:TPR) have mutually agreed to end their $8.5B merger deal. “Capri and ...
Capri Holdings Ltd and Tapestry Inc. scrapped their $8.5 billion plan to merge after a court order froze the proposed ...
Santiago/Getty Images) The U.S. District Court in the Southern District of New York just blocked the acquisition of Capri Holdings ... the ruling. Tapestry claims the proposed merger is both ...
Capri and Tapestry have mutually agreed to terminate their planned merger. Capri CEO continues to see long-term potential in ...
NEW YORK — A U.S. District judge has halted the merger ... of Tapestry rose 12%. The ruling came six months after the FTC sued to block Tapestry's $8.5 billion acquisition of Capri, saying ...
In a stunning turn of events, a judge ruled in favor of the U.S. government and blocked the proposed merger between handbag and fashion rivals Capri Holdings ... in April after Tapestry agreed ...