Tapestry announced it is canceling the acquisition of Capri Holdings, after the two companies lost their fight against the FTC’s opposition to the merger. While the original $8.5 billion deal ...
Tapestry, Inc. and Capri Holdings have mutually terminated the ... This decision comes after the U.S. Federal Trade Commission (FTC) sued to block the merger on antitrust grounds, and a federal ...
After an eight-day trial in New York, U.S. District Judge Jennifer Rochon sided with the FTC and rejected Capri and Tapestry's defense ... shocking block of the acquisition of CPRI makes zero ...
On April 22, 2024, the FTC brought an action to enjoin the acquisition given its anticompetitive effects. Capri and Tapestry, however, strongly disputed the FTC's allegations and insisted that the ...
THE LAWSUIT: A class action securities lawsuit was filed against Capri Holdings Limited that seeks to ... a primary internal rationale for the Capri Acquisition, the acquisition of Capri by Tapestry, ...
Rosen Law Firm, a global investor rights law firm, announces that a shareholder filed a class action on behalf of purchasers of stock or sellers of puts of Capri Holdings ... rationale for ...
Tapestry, Inc. TPR, the parent company of Coach, Kate Spade and Stuart Weitzman, announced today that it has mutually agreed with Capri Holdings Limited to end its planned $8.5 billion merger.
The Allegations: Rosen Law Firm is Investigating the Allegations that Capri Holdings Limited ... primary internal rationale for Tapestry’s failed attempted acquisition of Capri (“the Capri ...