Capri Holdings (CPRI) announced the mutual termination of its definitive merger agreement with Tapestry (TPR). Capri and Tapestry mutually agreed that terminating the merger agreement was in the best ...
Tapestry, the owner of Coach, said it would abandon its $8.5 billion deal to buy Capri, the parent company of Michael Kors, ...
After losing a lawsuit against the FTC, both companies agreed to cancel the deal, calling the legal process “uncertain and ...
Capri Holdings (CPRI) and Tapestry, Inc. (TPR) have terminated their $8.5B merger deal due to regulatory challenges.
The parent companies of brands such as Coach, Kate Spade, Versace and Michael Kors decided not to proceed with a court battle ...
Tapestry, Inc. (NYSE:TPR) shares are trading higher premarket on Thursday after the company disclosed that it has reached an ...
To the surprise of no one, Tapestry (NYSE:TPR) has walked away from a potential merger with its struggling competitor Capri ...
Fashion companies Capri Holdings Limited and Tapestry -- parent companies behind the Coach and Michael Kors brands -- ended ...
Analyst Oliver Chen of TD Cowen maintained a Hold rating on Capri Holdings (CPRI – Research Report), reducing the price target to $22.00.
Capri Holdings Limited has reported the mutual termination of its definitive merger agreement with Tapestry, Inc. Capri and ...
Capri Holdings revenue decreased 16.4% to $1.08 ... Saunders also said that the prospect of an acquisition by Tapestry Inc. has led Capri’s management to stop putting effort into a turnaround ...
A federal judge backed them, slamming the brakes on the merger before it could leave the station. Both companies decided to cut their losses and move on, leaving investors and analysts questioning ...