Deep search
Search
Copilot
Images
Videos
Maps
News
Shopping
More
Flights
Travel
Hotels
Real Estate
Notebook
Top stories
Sports
U.S.
Local
World
Science
Technology
Entertainment
Business
More
Politics
Any time
Past hour
Past 24 hours
Past 7 days
Past 30 days
Best match
Most recent
Versace Parent Capri Stock Tumbles as Judge Blocks Merger With Coach Owner
Capri Holdings (CPRI) shares plummeted 45% soon after the market opened Friday after a federal judge blocked Coach owner Tapestry's (TPR) $8.5 billion acquisition of the Versace and Michael Kors parent.
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.
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.
Judge halts Coach-Michael Kors merger
Consumers would have less cash in their purses if a proposed Coach-Michael Kors merger went through, the Federal Trade Commission charged. And now a federa
Makers of Coach and Michael Kors handbags blocked from merger in antitrust case
In her ruling Thursday, U.S. District Judge Jennifer Rochon noted that Tapestry Inc. and Capri Holdings are "close competitors" and that the merger would result in "the loss of head-to-head competition" and raise prices for shoppers. The decision followed seven days of testimony.
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.
Tapestry $8.5 Billion Capri Deal Halted by Judge in FTC Win (3)
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.
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.
Merger of handbag makers Tapestry, Capri halted as judge sides with FTC in antitrust case
A U.S. District judge has halted the merger between makers of Coach and Michael Kors handbags, saying it would reduce competition and hurt consumers
Capri tumbles 46% after US court blocks $8.5 bln merger with Tapestry
Capri shares 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 Michael Kors owner's chances of navigating challenges at the luxury brand.
Capri Stock Tumbles After Tapestry Deal Is Blocked
A federal court blocked Tapestry from closing its acquisition of rival Capri, dealing a blow to their ambitions to create a house of brands that would include Coach, Michael Kors, Versace and Jimmy Choo.
6h
on MSN
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.
18h
US Court Blocks Coach Owner's $8.5 Bn Buyout Of Versace Parent
A US judge on Thursday blocked fashion group Tapestry's $8.5 billion deal to buy Capri, which owns luxury brands including ...
19h
US court blocks Coach owner's $11 billion buyout of Versace parent
NEW YORK - A US judge on Oct 24 blocked fashion group Tapestry’s US$8.5 billion (S$11.2 billion) deal to buy Capri, which ...
Inquirer on MSN
6h
US court blocks Coach owner’s US$8.5bil buyout of Versace parent
NEW YORK : A US judge on Thursday blocked fashion group Tapestry’s US$8.5 billion deal to buy Capri, which owns luxury brands ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback