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Stock of Michael Kors owner Capri dives

MarketWatch on MSN · 6h

Stock of Michael Kors owner Capri dives 45% after judge blocks merger with Tapestry

A federal judge on Thursday blocked Tapestry Inc.’s planned $8.5 billion acquisition of Capri Holdings, agreeing with regulators that the deal would hurt competition in the handbag industry.

U.S. News & World Report · 1h

Capri Shares Tumble 46% After US Court Blocks $8.5 Billion Merger With Tapestry

(Reuters) - Shares of Michael Kors owner Capri slumped nearly 46% in premarket trading on Friday after a U.S. judge blocked its pending $8.5 billion merger with handbag maker Tapestry.

CNBC on MSN · 16h

Judge blocks Coach owner Tapestry's proposed acquisition of Michael Kors parent 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,

2hon MSN

Tesla shares take a break from soaring as investors punish Michael Kors-owner for court loss

China markets rose slightly while Japan's sagged before its Sunday elections. The biggest action was in the U.S. where Tesla ...

3hon MSN

Capri stock craters 45% after judge blocks $8.5 billion Tapestry deal

Shares of Capri Holdings plunged after a US judge blocked its pending $8.5 billion merger with Coach owner Tapestry.

12h

Judge Blocks Luxury Fashion Deal, Citing Risk of Higher Handbag Prices

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 ...

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