Capri terminates Tapestry merger citing regulatory hurdles
The proposed merger that would've combined six luxury brands owned by Capri and Tapestry was abandoned by the companies due ...
Tapestry and Capri terminate merger agreement
After losing a lawsuit against the FTC, both companies agreed to cancel the deal, calling the legal process “uncertain and ...
The Globe and Mail3m
Maker of Coach handbags calls off merger with company that produces Michael Kors accessories
The companies agreed to a $8.5 billion deal in August 2023 that would have united Capri, the maker of Versace, Jimmy Choo and Michael Kors shoes, handbags and accessories, with Tapestry, which ...
Tapestry's $8.5B Merger Collapses--But Shareholders Are About to Cash In Big
Antitrust regulators killed the deal, but Tapestry's pivot to buybacks and organic growth is stealing the spotlight ...
MT Newswires on MSN27m
Equities Fall Intraday as Traders Weigh Producer Prices Data
US benchmark equity indexes were lower intraday as markets assessed the latest producer prices report. The Dow Jones Industrial Average and the S&P 500 were down 0.3% each at 43,819 and 5,969.4, ...