US court blocks handbag maker Tapestry’s $8.5 billion ... - CNN
18 hours ago · A Coach bag is seen on display at a store on September 13, 2024 in New York City. A US judge blocked the pending $8.5 billion merger of US handbag and accessories maker Tapestry and Capri on ...
Tapestry $8.5 Billion Capri Deal Halted by Judge in FTC Win - Bloomberg.com
19 hours ago · October 24, 2024 at 1:07 PM PDT. Translate. A judge blocked the planned $8.5 billion acquisition by Tapestry Inc., maker of Coach and Kate Spade handbags, of rival Capri Holdings Ltd. US District ...
US court blocks Tapestry's $8.5 billion acquisition of rival Capri
18 hours ago · A U.S. judge blocked the pending $8.5 billion merger of U.S. handbag and accessories maker Tapestry and Capri on Thursday, a victory for the Federal Trade Commission that is a likely death blow ...
Merger of handbag makers Tapestry, Capri halted as judge sides with FTC ...
17 hours ago · Updated 2:59 PM PDT, October 24, 2024. NEW YORK (AP) — A U.S. District judge has halted the merger between the makers of Coach and Michael Kors handbags, saying it would reduce competition and hurt consumers. In her ruling Thursday, U.S. District Judge Jennifer Rochon noted that Tapestry Inc. and Capri Holdings are “close competitors” and ...
Tapestry $8.5 Billion Capri Deal Halted by Judge in FTC Win (3)
19 hours ago · 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.. US District Judge Jennifer Rochon on Thursday froze the deal after concluding it would harm competition in …
FTC Wins Injunction to Block Tapestry’s $8.5B Capri Acquisition
18 hours ago · The Federal Trade Commission succeeded in its effort to hit pause on Tapestry Inc.’s $8.5 billion acquisition of Capri Holdings with a preliminary injunction — likely sinking the mega acquisition.
Judge blocks Coach owner Tapestry's proposed acquisition of …
19 hours ago · A federal judge blocked Tapestry’s acquisition of Capri on Thursday following a brief trial last month in New York. In her order, Judge Jennifer Rochon granted the Federal Trade Commission’s ...
Tapestry-Capri Fashion Merger Is Blocked by Judge
15 hours ago · The F.T.C. had sued to halt the merger of Tapestry, the parent of Coach and Kate Spade, and Capri, the owner of Versace and Michael Kors. By Lauren Hirsch and Jordyn Holman A federal judge moved ...
US anti-trust trial in Tapestry bid for Capri ends, judge's decision ...
Oct 1, 2024 · The U.S. anti-trust trial over the $8.5 billion bid by luxury goods maker Tapestry to buy Capri concluded on Monday, with Tapestry lawyers citing an "intensely competitive" handbag market in...
FTC Moves to Block Tapestry’s Acquisition of Capri
Apr 22, 2024 · The Federal Trade Commission today sued to block Tapestry, Inc.’s $8.5 billion acquisition of Capri Holdings Limited, a deal that seeks to combine three close competitors – Tapestry’s Coach and Kate Spade brands and Capri’s Michael Kors brand.