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Capri and Tapestry End Merger Plan
Tapestry’s stock pops and Capri falls 6% as fashion giants scrap merger deal
Tapestry Inc.’ stock jumped 6.8% early Thursday, while Capri Holdings Inc.’s stock fell about 4%, after Tapestry said it’s terminating its $8.5 billion merger agreement with its smaller rival.
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,
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, said it would abandon its $8.5 billion deal to buy Capri, the parent company of Michael Kors, ...
39m
on MSN
Maker of Coach handbags calls off merger with company that produces Michael Kors accessories
Fashion company Tapestry says it's terminating its proposed merger with Capri because the two luxury groups don't expect to ...
Forbes
1h
Bagging Premium And Dividend With Tapestry Buy Write
If we earn the dividend on December 6, and if
Tapestry
closes above $58 at expiration, we would be assigned and earn $2.45 ...
34m
Coach Owner Tapestry Calls Off Capri Bid On Regulatory Blocks
Fashion group Tapestry said Thursday that it was dropping its $8.5 billion bid for Capri, the owner of luxury brands including Michael Kors and Versace, following a successful legal challenge by US ...
NBC Los Angeles
6h
Capri and Tapestry abandon plans to merge, citing regulatory hurdles
Get top local stories in Southern California delivered to you every morning. Sign up for NBC LA's
News
Headlines newsletter ...
Yahoo
53m
These Stocks Are Moving the Most Today: Walt Disney, Super Micro, Cisco, ASML, JD.com, Tapestry, Intuitive Machines, and More
(Bloomberg) -- Cisco Systems Inc., the biggest maker of computer networking equipment, delivered better-than-expected ...
Bloomberg on MSN
6d
Tapestry Boosts Outlook on Stronger Coach Brand Sales
Tapestry Inc. raised its guidance for the year on better-than-expected revenue at its Coach brand, while Capri Holdings Ltd. ...
newsbytesapp.com
2d
The cultural tapestry: Folktales in Indian and Japanese societies
Despite the vast geographical divide, Indian and Japanese folktales exhibit striking thematic parallels rooted in moral ...
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