Capri's stock plunged on the news, as the company has struggled since agreeing to be acquired. The company must renew its focus, but a turnaround won't be easy. Tapestry, meanwhile, has seen ...

Gibson reacts to hitting a walk-off home run in Game 1 of the 1988 World Series against the Oakland A's. / Focus On Sport/Getty Images Kirk Gibson was at a cabin in the woods of Northern Michigan ...

J.P. Morgan analyst Matthew Boss maintained a Hold rating on Capri Holdings (CPRI – Research Report) yesterday and set a price target of $22.00. The company’s shares closed yesterday at $21.26.

“The blocking of Tapestry’s acquisition of Capri is absurd. It does not reflect the realities of the ... [+] market," said GlobalData's Neil Saunders. (Photo by Michael M. Santiago/Getty ...

Oct 25 (Reuters) - Capri shares (CPRI.N), opens new tab slumped nearly 46% on Friday after a U.S. judge blocked its pending $8.5 billion merger with Coach parent Tapestry <TPR.N>, hurting the ...

Capri Holdings' stock plummeted nearly 50% after a U.S. District Judge suspended Tapestry's $8.50 billion acquisition due to competition concerns. The judge feared the merger would dominate the ...

Capri shares plunge after antitrust enforcer gets deal frozen Tapestry said halt would kill union; FTC cited hit to rivalry Shares of Capri Holdings Ltd. plunged Friday morning after a federal judge ...

Capri Holdings shares plummeted 45% soon after the market opened Friday after a federal judge blocked Coach owner Tapestry's $8.5 billion acquisition of the Versace and Michael Kors parent.

Tapestry shares surged 12% after a federal judge blocked its $8.5 billion acquisition of Capri Holdings, whose shares plummeted nearly 46%. The deal was value-destructive for Tapestry, with no ...

Capri Holdings shares fell 48% after a judge blocked its acquisition by Tapestry, which plans to appeal the ruling. Wells Fargo lowered Capri's price target from $42 to $23, while Tapestry's ...

A slew of luxury brands will remain separate entities for now. On Thursday, a judge blocked the merger of Tapestry and Capri Holdings, two companies that oversee a number of accessories brands ...

Capri has agreed to be sold to Tapestry for $57 per share. However, the US Federal Trade Commission is blocking the deal on antitrust concerns and recently won a court victory, putting the ...