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Capri, Tapestry
Tapestry $8.5 Billion Capri Deal Halted by Judge in FTC Win
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., sending Capri shares down as much as 56% in postmarket trading.
Capri Stock Craters After Judge Blocks Tapestry Merger: What to Know
Capri Holdings stock has been nearly cut in half Friday after a U.S. judge blocked the retailer's proposed merger with Kate Spade parent Tapestry.
What Next After FTC Blocks Tapestry’s $8.5B Acquisition of Capri?
The government’s court victory threatens the deal, which was set to put Michael Kors, Coach and Kate Spade under the same corporate umbrella.
bovnews
42m
Tapestry (TPR) Shines Brightly: Analyst Upgrades Fuel Stock Surge
With an impressive trading volume of 6.44 million, significantly higher than its average of 2.79 million, Tapestry has emerged as one of today’s trending stocks. This surge follows notable updates ...
3h
Versace's parent company stock plunged 45% after an affordable-luxury deal was blocked in court
Versace's parent company, Capri Holdings, suffered a steep loss in after-hours trading on Thursday after a federal judge ...
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