After the market closed yesterday, Capri Holdings (CPRI), a judge ruled against the planned sale to Tapestry (TPR). In response, the stock plunged by over 50%, while TPR stock should gain at least 10% ...

Companies are in the dark about how exactly antitrust enforcement would shift under a new administration, upending merger ...

A federal judge on Thursday blocked Tapestry Inc.’s planned $8.5 billion acquisition of Capri Holdings, agreeing with ...

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 ...

A US judge on Thursday blocked fashion group Tapestry's $8.5 billion deal to buy Capri, which owns luxury brands including Michael Kors and Versace, citing a potential loss of competition.

Judge Jennifer Rochon of the U.S. District Court of the Southern District of New York granted the Federal Trade Commission’s motion to ...

The government's court victory threatens the deal, which was set to put Michael Kors, Coach and Kate Spade under the same ...

A U.S. judge blocked the pending $8.5 billion merger of U.S. handbag and accessories maker Tapestry and Capri on Thursday, a ...

A federal court sides with the FTC, which argued that a Tapestry-Capri merger would raise prices for handbags. Spirit Airlines Agrees to Sell 23 Planes The airline said capacity fell 1.2% during the ...

The companies argued the deal was needed to fight back against European players like Gucci, which are increasingly grabbing ...

A U.S. judge has blocked the planned $8.5 billion merger between handbag giants Tapestry and Capri, marking a win for the FTC ...

A federal court judge has blocked the proposed merger between Tapestry-owned Coach and Capri parent Michael Kors. The ...