Tapestry cancels $8.5bn Capri merger following FTC roadblock
In a seismic shift for the U.S. luxury market, Tapestry Inc. has terminated its ambitious $8.5 billion acquisition of Capri Holdings, a bid that would ... Read More
Capri Holdings shares plunge 50% as judge halts $8.5bn merger with Tapestry
In a significant setback for Capri Holdings, the company’s stock nosedived by 50% after a U.S. federal judge blocked its $8.5 billion merger with Tapestry. ... Read More