US anti-trust trial in Tapestry bid for Capri ends, judge's decision ...
WEB1 day ago · NEW YORK, Sept 30 (Reuters) - The U.S. anti-trust trial over the $8.5 billion bid by luxury goods maker Tapestry , opens new tab to buy Capri , opens new tab concluded on Monday, with Tapestry ...
Capri Stock Jumps as FTC Hearing Sparks Some Optimism on Tapestry …
WEB1 day ago · The future of Tapestry’s Inc. $8.5 billion deal to buy Capri Holdings now rests in the hands of federal Judge Jennifer Rochon — and after closing arguments on Monday afternoon, investors are ...
US anti-trust trial in Tapestry bid for Capri ends, judge's decision ...
WEB1 day ago · The U.S. anti-trust trial over the $8.5 billion bid by luxury goods maker Tapestry to buy Capri concluded on Monday, with Tapestry lawyers citing an "intensely competitive" handbag market in defending against claims that consumers would face higher prices. At the New York trial, the U.S. Federal Trade Commission sought to prove in its closing arguments that the deal to bring six brands ...
Wall Street Bets on $8.5 Billion Fashion Deal’s Fate in Trial
WEB2 days ago · US antitrust enforcers’ legal battle to kill an $8.5 billion deal marrying Tapestry Inc.’s Coach and Kate Spade brands with Capri Holdings Ltd.’s Versace and Michael Kors labels will hit a critical point on Monday, as a federal judge hears the two sides make their closing arguments.. Her decision on whether to freeze the takeover as anticompetitive, as the US Federal Trade Commission has ...
FTC trial against Capri and Tapestry merger ends, judge’s …
WEB17 hours ago · A trial brought by the US Federal Trade Commission (FTC) against a potential merger of luxury goods giants Tapestry and Capri Holdings was brought to a close on Monday, with a federal judge's decision now being awaited. The FTC brought the antitrust case against the duo after Coach-owner Tapestry announced its intention to acquire competitor ...
Tapestry Capri antitrust trial: Key questions about merger
WEBSep 12, 2024 · Coach’s owner Tapestry and Michael Kors’ owner Capri are in the courtroom this week for a federal antitrust challenge. The companies are trying to combine into a single company, after...
Tapestry CEO Takes Stand With $8.5B Capri Deal in the Balance
WEBSep 10, 2024 · The FTC sued in April to stop Coach-parent Tapestry’s $8.5 billion deal to buy Capri Holdings, charging that the buyout would create a handbag giant with too much sway over the accessible...
Capri Holdings Limited - Tapestry, Inc. Announces Definitive …
WEBAug 10, 2023 · Acquisition Expected to be Immediately Accretive to Tapestry’s EPS on an Adjusted Basis; Tapestry Board of Directors Approves an Increase in the Company’s Dividend; Link to Investor Presentation
Tapestry’s Proposed Acquisition of Capri
WEBOn August 10, 2023, we announced an agreement for Tapestry to acquire Capri. As we have said since the deal was announced, this is a pro-competitive, pro-consumer transaction that will unite six brands offering products across several categories, including handbags and accessories, footwear, and apparel.
Tapestry and Capri Announce a Luxury Mega Merger - The New York Times
WEBAug 10, 2023 · Tapestry, the fashion company that owns Coach and Kate Spade, said on Thursday that it had acquired Capri Holdings, the parent of Versace and Michael Kors, for about $8.5 billion in cash, as...