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Capri, Tapestry Scrap Merger
Fashion houses Tapestry and Capri end merger plan as FTC gets a luxury win
The parent companies of brands such as Coach, Kate Spade, Versace and Michael Kors decided not to proceed with a court battle.
Tapestry and Capri End Plans for ‘Accessible Luxury’ Merger
Tapestry, the owner of Coach, said it would abandon its $8.5 billion deal to buy Capri, the parent company of Michael Kors, after the Federal Trade Commission successfully sued to stop the transaction.
Tapestry’s stock soars and Capri erases losses as fashion giants scrap merger deal
Tapestry Inc.’ stock jumped 6.8% early Thursday, while Capri Holdings Inc.’s stock fell about 4%, after Tapestry said it’s terminating its $8.5 billion merger agreement with its smaller rival.
5h
on MSN
Major fashion handbag brand gives huge update on FTC merger appeal
However, Tapestry and Capri, two American luxury companies, refused to fall behind their European counterparts any longer and ...
1d
on MSN
DirecTV scrapping DISH merger
Satellite TV provider DirecTV is walking away from its planned acquisition of EchoStar's video distribution service, DISH DBS ...
15h
on MSN
Maker of Coach Handbags Calls off Merger With Company That Produces Michael Kors Accessories
Fashion company Tapestry says it’s terminating its proposed merger with Capri because the two luxury groups don’t expect to ...
6h
on MSN
Disney-Reliance Indian media giant says TV ‘is not dead’ following $8.5bn merger
The head of Disney and Reliance Industries’ newly merged $8.5bn Indian entertainment titan plans to invest and “revitalise” ...
3h
Disney-Reliance $8.5 Billion Media Merger Closes, Creating Indian Entertainment Powerhouse
India’s entertainment landscape shifted Thursday as Reliance Industries and Disney completed their long-awaited media merger, ...
8h
Akari Therapeutics Announces Successful Completion of Merger of Akari Therapeutics and Peak Bio
Secures $3.2m in PIPE Financing -- $50m Term Sheet Obtained for Available Financing under Equity Line of Credit - BOSTON and ...
10h
on MSN
Here’s what Keesler Federal Credit Union members should know about proposed merger
Before the merger is complete, the federal review process must be completed and members of both credit unions will vote for ...
17h
Reliance, Disney complete merger, form Rs 70,352 crore joint venture
Reliance Industries holds a 16.34 per cent stake in the JV, while its step-down unit Viacom18 holds 46.82 per cent and Disney ...
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Capri
Tapestry
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