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Capri, Tapestry Scrap Merger
Capri, Tapestry Scrap Merger After FTC Wins Blocking Order
Capri Holdings Ltd and Tapestry Inc. scrapped their $8.5 billion plan to merge after a court order froze the proposed combination of the US fashion companies due to antitrust regulators’ objections.Tapestry,
Capri Holdings, Tapestry agree to end $8.5B merger deal
Capri Holdings (NYSE:CPRI) and Tapestry, Inc. (NYSE:TPR) have mutually agreed to end their $8.5B merger deal. “Capri and Tapestry mutually agreed that terminating the merger agreement at this time is in the best interest of both companies,
Capri Holdings announces termination of merger with Tapestry
Capri
Holdings
(CPRI) announced the mutual termination of its definitive merger agreement with Tapestry (TPR).
Capri
and Tapestry mutually agreed that terminating the merger agreement was in the best interests of both companies as the required closing ...
1h
on MSN
Fashion houses Tapestry and Capri end merger plan as FTC gets a luxury win
The parent companies of brands such as Coach, Kate Spade, Versace and Michael Kors decided not to proceed with a court battle ...
The New York Times
2h
Tapestry and Capri End Plans for ‘Accessible Luxury’ Merger
Tapestry, the owner of Coach and Kate Spade, and
Capri
Holdings
, the parent company of Versace and Michael Kors, on ...
sgbonline
4h
Capri Holdings and Tapestry Terminate Merger Agreement
Capri
Holdings
Limited has reported the mutual termination of its definitive merger agreement with Tapestry, Inc.
Capri
...
5d
Why Capri Holdings Stock Was Falling Today
The merger was blocked after a district court agreed with the Federal Trade Commission that the deal would significantly ...
Retail Dive
2d
Capri revenue falls sharply as hopes of a Tapestry merger dim
Capri
Holdings
revenue decreased 16.4% to $1.08 billion for the second quarter of fiscal 2025, according to a Thursday ...
3d
Capri Holdings: Hold Rating Amid Sales Decline and Acquisition Uncertainty
TD Cowen analyst Oliver Chen maintained a Hold rating on Capri Holdings (CPRI – Research Report) yesterday and set a price target of ...
6d
on MSN
Michael Kors Owner Capri Sees Business Fall Further as Revenues Drop 16.4%
CEO John Idol described the results as disappointing and pinned them on the "softening demand globally for fashion luxury ...
5d
on MSN
Capri Stock Sinks After Versace Parent's Poor Earnings
Key Takeaways Versace's parent company, Capri Holdings, reported fiscal-second-quarter results that missed analysts' ...
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Tapestry
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