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Capri, Tapestry
Tapestry $8.5 Billion Capri Deal Halted by Judge in FTC Win
A federal judge blocked the planned $8.5 billion acquisition by Tapestry Inc., maker of Coach and Kate Spade handbags, of rival Capri Holdings Ltd., sending Capri shares down as much as 56% in postmarket trading.
What Next After FTC Blocks Tapestry’s $8.5B Acquisition of Capri?
The government’s court victory threatens the deal, which was set to put Michael Kors, Coach and Kate Spade under the same corporate umbrella.
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 challenges are rare.
U.S. judge blocks Tapestry-Capri merger in victory for FTC
Judge Jennifer Rochon of the U.S. District Court of the Southern District of New York granted the Federal Trade Commission’s motion to
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.
US court blocks Tapestry's $8.5 billion acquisition of rival Capri
A U.S. judge blocked the pending $8.5 billion merger of U.S. handbag and accessories maker Tapestry and Capri on Thursday, a victory for the Federal Trade Commission that is a likely death blow for the deal.
Coach-Michael Kors Deal Blocked by Judge
A federal court sides with the FTC, which argued that a Tapestry-Capri merger would raise prices for handbags.
Judge blocks Coach owner Tapestry's proposed acquisition of Michael Kors owner Capri
A federal judge blocked Tapestry's acquisition of Capri on Thursday following a brief trial last month in New York. In her order, Judge Jennifer Rochon granted the Federal Trade Commission's motion for a preliminary injuction to block the proposed merger,
FTC Wins Order Blocking Coach-Michael Kors Deal
A judge has agreed with the Federal Trade Commission, ruling Thursday that brands including Coach, Kate Spade, Michael Kors, Versace, and Jimmy Choo do not belong under one roof. Tapestry, which owns the Coach label,
Judge blocks $8.5B merger of luxe brands Coach, Michael Kors in shock setback
A US judge blocked the pending $8.5 billion merger of handbag and accessories maker Tapestry and Capri on Thursday, a victory for the Federal Trade Commission in an industry where merger challenges are rare.
1h
on MSN
Merger of handbag makers Tapestry, Capri halted as judge sides with FTC in antitrust case
A U.S. District judge ruled in favor of the Federal Trade Commission's antitrust case against Tapestry Inc. and Capri Holdings and has halted the merger of the two luxury fashion companies.
devdiscourse
6h
Victory for FTC: Blocked $8.5 Billion Tapestry-Capri Merger
A U.S. judge blocked the $8.5 billion merger between Tapestry and Capri, siding with the FTC. The merger was deemed ...
5h
on MSN
Judge sides with federal regulators, blocks luxury fashion merger
A federal judge on Thursday temporarily blocked luxury fashion conglomerate Tapestry from moving forward with its $8.5 ...
5h
on MSN
FTC Blocks Tapestry's $8.5B Acquisition of Capri
The government's court victory threatens the deal, which was set to put Michael Kors, Coach and Kate Spade under the same ...
devdiscourse
3h
FTC Blocks $8.5 Billion Merger Between Tapestry and Capri
A U.S. judge has blocked the planned $8.5 billion merger between handbag giants Tapestry and Capri, marking a win for the FTC ...
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