A federal judge blocked the planned $8.5 billion acquisition by Tapestry Inc., maker of Coach and Kate Spade handbags, of ...
SW Retail Advisors' Stacey Widlitz discusses the broader impact of the decision by a judge to block Tapestry's takeover of ...
In her ruling Thursday, U.S. District Judge Jennifer Rochon noted that Tapestry Inc. and Capri Holdings are "close ...
The $8.5 billion deal is off for now. Capri stock plunged 45 per cent following the verdict as investors grow wary.
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 U.S. judge blocked the $8.5 billion merger between Tapestry and Capri, siding with the FTC. The merger was deemed ...
Judge Jennifer Rochon of the U.S. District Court of the Southern District of New York granted the Federal Trade Commission’s motion to ...
"While admittedly we leave upside on the table if the deal is approved by the judge (takeout price is $57), we still believe there is a chance that the FTC wins the lawsuit," Boruchow wrote.
The future of Tapestry’s Inc. $8.5 billion deal to buy Capri Holdings now rests in the hands of federal Judge Jennifer Rochon — and after closing arguments on Monday afternoon, investors are ...
Tapestry and Capri made the case that the handbag market is simply too competitive for that to happen. Abby Dennis presented the FTC’s closing arguments and pointed again to how the 4 million ...