Capri, Tapestry Scrap Merger After FTC Blocked Deal
Capri Holdings Ltd and Tapestry Inc. scrapped their $8.5 billion plan to merge after a court order froze the proposed ...
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 ...
NBC Washington1d
Capri and Tapestry abandon plans to merge, citing regulatory hurdles
Kate Spade and Stuart Weitzman with Capri's Versace, Jimmy Choo and Michael Kors. In April, the FTC sued to block the ...
Newsday21d
Merger of handbag makers Tapestry, Capri halted as judge sides with FTC in antitrust case
NEW YORK — A U.S. District judge has halted the merger between the makers of Coach and Michael Kors handbags, saying it would reduce competition and hurt consumers. In her ruling Thursday, U.S ...