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Capri, Tapestry
Capri Stock Slides as Tapestry Surges on Blocked Merger Ruling. Here’s Why.
Capri had more to gain from the acquisition, investors say. Meanwhile, a slowing market for luxury goods slowly made the deal less attractive for Tapestry investors.
Capri tumbles 46% after US court blocks $8.5 bln merger with Tapestry
Capri shares slumped nearly 46% on Friday after a U.S. judge blocked its pending $8.5 billion merger with Coach parent Tapestry TPR.N, hurting the Michael Kors owner's chances of navigating challenges at the luxury brand.
FTC Blocks Tapestry-Capri Merger As Tapestry Vows To Fight Saying It’s ‘Pro-Consumer’
A federal court sided with the FTC to block Tapestry acquiring Capri Holdings, in a move Tapestry claims is "incorrect on the law and the facts." It plans to appeal.
Versace Parent Capri Stock Tumbles as Judge Blocks Merger With Coach Owner
Capri Holdings (CPRI) shares plummeted 45% soon after the market opened Friday after a federal judge blocked Coach owner Tapestry's (TPR) $8.5 billion acquisition of the Versace and Michael Kors parent.
Capri stock craters 45% after judge blocks $8.5 billion Tapestry deal
Shares of Capri Holdings plunged after a US judge blocked its pending $8.5 billion merger with Coach owner Tapestry.
Tapestry-Capri merger blocked: Why it matters
The $8.5 billion deal is off for now. Capri stock plunged 45 per cent following the verdict as investors grow wary.
Merger of handbag makers Tapestry, Capri halted as judge sides with FTC in antitrust case
A U.S. District judge has halted the merger between makers of Coach and Michael Kors handbags, saying it would reduce competition and hurt consumers.
Tapestry and Capri merger blocked in win for FTC
The owners of Coach and Michael Kors plan to appeal the decision, but experts say it’s unlikely the deal will go through.
Federal judge blocks luxury brand merger between Tapestry and Capri
A federal judge issued a ruling blocking the pending merger of luxury fashion brands Tapestry and Capri on the grounds it would undercut competition in the handbag market.
Capri Holdings Stock Tanks 50% After FTC Blocks Tapestry Merger. What Should Investors Do Now?
In today's video, I will discuss the Tapestry and Capri Holdings (NYSE: CPRI) merger that is currently being blocked. Check out the short video to learn more, consider subscribing, and click the special offer link below.
Capri's Outlook Dims After Tapestry Deal Gets Blocked
Capri, already struggling, could look to sell Versace and even go private to right itself, according to analysts.
3d
US court blocks handbag maker Tapestry’s $8.5 billion acquisition of rival Capri
A US judge blocked the pending $8.5 billion merger of US handbag and accessories maker Tapestry and Capri on Thursday, a ...
6d
“Black Comedy In America” Celebrates Kid Capri’s Impact On “Def Comedy Jam”
Comedians discuss Kid Capri's role in "Def Comedy Jam" in VICE TV's documentary series "Black Comedy in America." ...
2d
on MSN
Jueza bloquea plan de Tapestry de comprar Capri por US$8.500 millones
Una jueza federal bloqueó el proyecto de adquisición de Capri Holdings Ltd. por parte de Tapestry Inc., fabricante de los ...
The Takeout on MSN
6d
What Were The First-Ever Flavors Of Capri-Sun?
Capri-Sun has been around for decades and the variety of flavors available seems to grow every year, but what flavors were ...
2d
A Refocused Capri Holdings Looks Like A Steal Under $25
Capri Holdings' stock has plummeted nearly 50% in post-market trading after Tapestry's proposed acquisition with Tapestry was ...
2d
on MSN
Tapestry Fashion Deal in Limbo as Capri Plunges, Arbs Take Hit
A court order freezing Tapestry Inc.’s $8.5 billion acquisition of Capri Holdings Ltd. has put the fashion deal in jeopardy, ...
2d
on MSN
These Stocks Are Moving the Most Today: Tesla, HCA Healthcare, Mohawk, Capri, Deckers, Centene, Spirit Airlines, Newell Brands, and More
Stocks were mostly higher Friday after the S&P 500 snapped a three-session losing streak.These stocks were making moves ...
2d
Capri Holdings price target lowered to $26 from $42 at Telsey Advisory
Telsey Advisory lowered the firm’s price target on Capri Holdings (CPRI) to $26 from $42 and keeps a Market Perform rating on the shares.
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Related topics
Tapestry
United States
FTC
Michael Kors
Federal Trade Commission
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