FTC sued to block the deal in April, saying it would eliminate “direct head-to-head competition” between the top two US ...
A federal judge on Thursday blocked Tapestry Inc.’s planned $8.5 billion acquisition of Capri Holdings, agreeing with ...
Shares of Capri Holdings plunged after a US judge blocked its pending $8.5 billion merger with Coach-owner Tapestry.
A judge has blocked Coach owner Tapestry from buying rival Capri, endorsing the Federal Trade Commission’s competition ...
A U.S. District judge has halted the merger between the makers of Coach and Michael Kors handbags, saying it would reduce ...
The companies argued the deal was needed to fight back against European players like Gucci, which are increasingly grabbing ...
Capri shares slumped nearly 46% on Friday after a U.S. judge blocked its pending $8.5 billion merger with Coach parent ...
A federal court judge has blocked the proposed merger between Tapestry-owned Coach and Capri parent Michael Kors. The ...
The owners of Coach and Michael Kors plan to appeal the decision, but experts say it’s unlikely the deal will go through.
Judge Jennifer Rochon sided with the FTC in its allegations that Tapestry’s Coach and Kate Spade brands combined with Capri’s ...
A federal judge has sided with the Federal Trade Commission, effectively blocking a merger of the company behind Kate Spade ...
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Michael Kors Parent Craters On Blocked Merger With Tapestry
Shares of Capri Holdings, the parent company of luxury accessory brand Michael Kors, plummeted Friday after a judge on Thursday blocked its $8.5 billion buyout from Coach-owner Tapestry.The judgment ...