The Federal Trade Commission on Monday sued to block Tapestry Inc.’s $8.5 billion purchase of Capri Holdings — a deal that would combine the Coach, Kate Spade and Michael Kors brands ...
The FTC sued to block the $8.5 billion acquisition of Capri Holdings by Coach and Kate Spade's parent company, Tapestry. The fashion tie-up would put six major brands under a single company ...
Tapestry’s Inc.’s mega $8.5 billion deal to buy Capri Holdings came under the microscope of regulators at the Federal Trade Commission — and they didn’t like what they saw. In a highly ...
A Michael Kors show in Manhattan this year. A proposed merger would combine the brand with such U.S. luxury brands as Coach and Kate Spade. (Jonas Gustavsson for The Washington Post) The Federal ...
The Federal Trade Commission filed a lawsuit to block Capri Holdings (NYSE:CPRI) $8.5 billion sale to Tapestry (NYSE:TPR), saying the deal would eliminate competition between Coach, Kate Spade ...
Update 11:20m: Updates shares, adds Tapestry comment. Capri Holdings (NYSE:CPRI) ticked own 0.6% amid reports that the Federal Trade Commission is preparing to sue to block a planned $8.5 billion ...
The U.S. Federal Trade Commission (FTC) said on Monday it was suing to block Coach parent Tapestry’s $8.5 billion deal to buy Michael Kors owner Capri CPRI-N, saying it would eliminate competition.
Confirming weeks of speculation, the United States' Federal Trade Commission (FTC) issued an administrative complaint and authorized a lawsuit in federal court to block Tapestry Inc.'s $8.5 ...
The U.S. Federal Trade Commission on Monday sued to block the $8.5 billion acquisition of Capri Holdings by Coach and Kate Spade's parent company, Tapestry. The move by regulators brings at least ...