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 ...
Capri stock craters 45% after judge blocks $8.5 billion Tapestry deal
Oct 25, 2024 · Capri Holdings (CPRI), the parent company of Michael Kors and Jimmy Choo, saw shares plunge around 47% in early trading on Friday after a US judge blocked its pending $8.5 billion acquisition...
Michael Kors owner Capri’s shares crater after $8.5bn merger …
Oct 25, 2024 · Shares of Capri, the owner of fashion brands including Michael Kors, nearly halved on Friday after a US judge blocked its proposed $8.5bn deal with Tapestry, in a big win for antitrust...
Tapestry-Capri antitrust trial: Michael Kors testifies - CNBC
Sep 16, 2024 · The Federal Trade Commission is seeking to block Tapestry’s $8.5 billion acquisition of Capri, which would put six brands including Michael Kors and Coach under a single company. The trial is...
Tapestry CEO on $8.5 billion deal for Michael Kors owner Capri: …
Aug 11, 2023 · Tapestry shocked Wall Street on Thursday by announcing it will spend $57 a share to buy rival Capri Holdings (CPRI) for a total enterprise value of $8.5 billion. The transaction will see Tapestry...
Tapestry Capri merger: Deal blocked between Coach, Michael Kors …
Oct 24, 2024 · Tapestry and Capri announced their $8.5 billion merger last year but the deal has been stalled after the FTC sued to block it. Coach and Michael Kors. A federal judge blocked Tapestry’s ...
Tapestry and Capri Announce a Luxury Mega Merger
Aug. 10, 2023. Tapestry, the fashion company that owns Coach and Kate Spade, said on Thursday that it had acquired Capri Holdings, the parent of Versace and Michael Kors, for about $8.5...
Coach owner's Michael Kors deal creates US giant to take ...
Aug 10 (Reuters) - Coach parent Tapestry (TPR.N) will buy Michael Kors owner Capri Holdings (CPRI.N) in a deal valued at $8.5 billion, creating a U.S. fashion powerhouse to challenge larger...
Michael Kors Parent Craters On Blocked Merger With Tapestry
Oct 25, 2024 · Shares of Capri Holdings, the parent company of luxury accessory brand Michael Kors, plummeted Friday after a judge on Thursday blocked its $8.5 billion buyout from Coach-owner Tapestry. The...
Three key questions that will shape whether Coach and Michael Kors ...
Sep 12, 2024 · Tapestry and Capri, the owners of Coach and Michael Kors, respectively, are in court this week over a federal antitrust challenge of their planned merger.