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 ...
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 ...
Hosted on MSN17m
Coming undone: Balance restored in luxury category as Tapestry and Capri call off merger
To the surprise of no one, Tapestry (NYSE:TPR) has walked away from a potential merger with its struggling competitor Capri ...
Factbox-US deals blocked by regulators or facing intense scrutiny
Tapestry abandoned its $8.5 billion bid for Michael Kors owner Capri after a judge blocked it following a lawsuit by the U.S.
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 ...
Stock market today: Wall Street ticks up modestly ahead of more inflation data; Disney soars
Wall Street rose modestly in early trading Thursday as more corporate earnings are released ahead of another inflation update ...
The Globe and Mail21m
Stock market today: Wall Street drifts near its records as its momentum slows
The companies agreed to an $8.5 billion deal last year to unite the makers of Coach and Michael Kors handbags, but the tie-up faced numerous challenges, including a lawsuit from the Federal Trade ...
Star Tribune41m
Businesses at struggling corner where George Floyd was killed sue Minneapolis
It replaces an earlier lawsuit by the businesses that was dismissed two months ago. Michael Healey, the lawyer representing the businesses, told the Star Tribune there are two possible outcomes. The ...