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FTC, Tapestry and Capri Holdings
Capri gains on last day of FTC trial on Tapestry deal before closing arguments
Capri Holdings (NYSE:CPRI) advanced 4% on the last day of the Federal Trade Commission's trial to block Tapestry's (TPR) planned $8.5 billion deal before closing arguments later this month. An economist testifying for Capri (CPRI) and Tapestry (TPR) appeared to strike several blows against the FTC's case and against its economist,
The FTC Bid to Block Handbag Maker Merger Goes to Trial
The agency opposed the luxury merger of Coach parent Tapestry, which seeks to buy Michael Kors owner Capri in an $8.5 billion deal.
US FTC's bid to block Tapestry-Capri merger goes to trial
The U.S. Federal Trade Commission will urge a federal judge in New York to block Tapestry's $8.5 billion merger with rival handbag maker Capri Holdings at a trial beginning on Monday, arguing it will eliminate fierce competition in the market for "accessible luxury.
Capri Holdings: Up To 64% Merger Arbitrage Upside As Flimsy FTC Trial Begins
Capri Holdings offers a 64% potential return, with the current stock price under $35 and a deal price of $57. Read more about CPRI stock here.
Santa Rosa Press Democrat
23m
Some residents of Petaluma’s Capri Villa mobile home park avoid rent hikes, this time
Owners of Petaluma’s Capri Villa mobile home park were not allowed to raise rents by $328 on 12 residents after park ...
3d
on MSN
Tapestry is called out by Argus as an undervalued play ahead of the planned Capri merger
Argus thinks Tapestry (NYSE:TPR) is undervalued at its current share price. Analyst Kristina Ruggeri said the apparel giant ...
7d
Three key questions that will shape whether Coach and Michael Kors owners will merge
Tapestry and Capri, the owners of Coach and Michael Kors, respectively, are in court this week over a federal antitrust ...
The Register Citizen
23h
Norwalk's Capri's Cuisine to close storefront after legal dispute with landlord
NORWALK —
Capri
’s Cuisine in Norwalk will shutter its doors after nearly a decade in business following a legal dispute ...
6d
Deep Dive Into Capri Holdings Stock: Analyst Perspectives (5 Ratings)
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by ...
5d
on MSN
Is Capri Holdings Limited (CPRI) a Top Luxury Clothing Stock to Invest in Now?
In this article, we will look at the Top 11 Luxury Clothing Stocks to Invest in Now. In this article, we will look at where ...
6d
The Origin Story Of Capri Sun
Capri Sun is one of those all-time classic summer beverages that everyone seems to love. Here is its surprisingly long and ...
Elle
17h
Capri Conundrum: Can You Handle The Halfway Hemline?
Capri pants, also known simply as "capris" or "pedal pushers," are a fashion staple that has weathered the test of time and ...
Reuters
10d
Competitive dynamics in focus as US tries to stop Tapestry-Capri merger
NEW YORK, Sept 9 (Reuters) - The U.S. Federal Trade Commission urged a federal judge in New York to block Tapestry's (TPR.N), opens new tab $8.5 billion merger with rival handbag maker
Capri
...
8d
on MSN
Kate Spade, Coach Bags Take Spotlight in $8.5 Billion FTC Fight
At the federal antitrust trial that will spell the fate of the $8.5 billion deal to marry the Coach and Kate Spade brands ...
1d
on MSN
Michael Kors admits defeat by influencers and celebrities, claiming ‘brand fatigue’ in $8.5 billion federal antitrust trial
New York Fashion Week isn’t the only major fashion event happening this month. On Monday, fashion icon Michael Kors testified ...
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