A federal judge blocked the planned $8.5 billion acquisition by Tapestry Inc., maker of Coach and Kate Spade handbags, of ...

In her ruling Thursday, U.S. District Judge Jennifer Rochon noted that Tapestry Inc. and Capri Holdings are "close ...

A U.S. judge has blocked the planned $8.5 billion merger between handbag giants Tapestry and Capri, marking a win for the FTC ...

Judge Jennifer Rochon of the U.S. District Court of the Southern District of New York granted the Federal Trade Commission’s motion to ...

A U.S. judge has halted the merger between Tapestry and Capri, valued at $8.5 billion. The decision is a win for the FTC, ...

"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 ...

The acquisition is expected to create synergies and strengthen Tapestry's position in the global luxury fashion industry. However, the deal still faces scrutiny in the United States, with an ongoing ...