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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.

UPI News on MSN · 20h

Capri and Tapestry end their $8.5 billion merger after FTC blocked it

Fashion companies Capri Holdings Limited and Tapestry -- parent companies behind the Coach and Michael Kors brands -- ended their $8.5 billion merger deal Thursday. The deal was blocked by the Federal Trade Commission.

Bloomberg on MSN · 17h

Capri, Tapestry Scrap Merger After FTC Wins Blocking Order

Capri Holdings Ltd and Tapestry Inc. scrapped their $8.5 billion plan to merge after a court order froze the proposed combination of the US fashion companies due to antitrust regulators’ objections.Tapestry,

18h

Capri, Tapestry Scrap Merger After FTC Blocked Deal

Capri Holdings Ltd and Tapestry Inc. scrapped their $8.5 billion plan to merge after a court order froze the proposed ...

NBC Washington1d

Capri and Tapestry abandon plans to merge, citing regulatory hurdles

Kate Spade and Stuart Weitzman with Capri's Versace, Jimmy Choo and Michael Kors. In April, the FTC sued to block the ...

Newsday21d

Merger of handbag makers Tapestry, Capri halted as judge sides with FTC in antitrust case

NEW YORK — A U.S. District judge has halted the merger between the makers of Coach and Michael Kors handbags, saying it would reduce competition and hurt consumers. In her ruling Thursday, U.S ...

21hon MSN

Coach parent Tapestry pulls $8.5 billion bid for Capri after FTC roadblock

(Reuters) -Tapestry said on Thursday it was terminating its $8.5 billion bid for Michael Kors owner Capri after a legal ...

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