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Capri, Tapestry
Tapestry, Capri appeal FTC’s injunction, arguing merger’s competitive benefits
Tapestry intends to appeal the US District Court decision that temporarily blocks its proposed acquisition of Capri.
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.
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.
bovnews
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The Tapestry Inc Enigma: What’s Causing the Wild Swings in TPR Stock?
On Friday, Tapestry Inc (TPR) stock saw a modest uptick, ending the day at $50.49 which represents a slight increase of $6.02 or 13.54% from the prior close of $44.47. The stock opened at $49.8 and ...
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
With Tapestry Deal Unraveling, Michael Kors's Owner Is Left Holding the Bag
A judge has blocked Coach owner Tapestry from buying rival Capri, endorsing the Federal Trade Commission’s competition ...
2d
on MSN
Midday stock movers: Tapestry, Capri, Deckers Outdoor, Spirit Airlines, and more
The stock market is trading higher midday. The S&P 500 added 0.27% while the tech-heavy Nasdaq Composite climbed 0.96%. The ...
2d
Tapestry price target raised to $63 from $47 at Evercore ISI
Evercore ISI raised the firm’s price target on Tapestry (TPR) to $63 from $47 and keeps an Outperform rating on the shares after a court ...
2d
Michael Kors owner’s stock craters after judge blocks $8.5B merger of top US handbag makers
FTC sued to block the deal in April, saying it would eliminate “direct head-to-head competition” between the top two US ...
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