Capri Shares Tumble 46% After US Court Blocks $8.5 Billion Merger With Tapestry
(Reuters) - Shares of Michael Kors owner Capri slumped nearly 46% in premarket trading on Friday after a U.S. judge blocked ...
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Versace's parent company stock plunged 45% after an affordable-luxury deal was blocked in court
Under the proposed merger, six high-end fashion brands would operate under one umbrella: Capri's Versace, Jimmy Choo, and Michael Kors, along with Tapestry's Coach, Stuart Weitzman, and Kate Spade.
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Capri's Proposed $8.5 Billion Acquisition by Tapestry Blocked by Federal Court
Capri (CPRI) shares plunged early Friday following a court ruling that temporarily blocked the luxury fashion company's proposed acquisition by Coach and Kate Spade owner Tapestry (TPR). The US ...
Companies wrestle with when to merge as they assess Harris and Trump
Companies are in the dark about how exactly antitrust enforcement would shift under a new administration, upending merger ...
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Capri's stock drops after US Court blocks Tapestry's 8.5 billion dollar acquisition
The U.S. District Court for the Southern District of New York granted the U.S. Federal Trade Commission's motion for a ...