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 reasoning behind the judge's order wasn't immediately clear but the FTC had previously argued the merger would harm consumers, raise prices and reduce employee benefits.
A US judge blocked the pending $8.5 billion merger of US handbag and accessories maker Tapestry and Capri on Thursday, 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 ...
The government’s court victory threatens the deal, which was set to put Michael Kors, Coach and Kate Spade under the same ...
A federal judge on Thursday temporarily blocked luxury fashion conglomerate Tapestry from moving forward with its $8.5 ...
Tapestry (TPR) issued the following statement in response to the ruling made by the U.S. District Court in the Southern District of New York ...
Shares of Capri Holdings plunged after a US judge blocked its pending $8.5 billion merger with Coach owner Tapestry.
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