A federal judge on Thursday blocked Tapestry Inc.'s planned $8.5 billion acquisition of Capri Holdings, agreeing with regulators that the deal would hurt competition in the handbag industry.

Tapestry-Capri merger blocked by U.S. judge

05:14pm, Thursday, 24'th Oct 2024
CNBC's Kate Rooney joins 'Closing Bell Overtime' with breaking news on the Tapestry-Capri merger.
A U.S. judge blocked the pending $8.5 billion merger of U.S. handbag and accessories maker Tapestry and Capri on Thursday, a victory for the U.S. Federal Trade Commission in an industry where merger c

Judge Blocks Tapestry Deal With Capri

04:32pm, Thursday, 24'th Oct 2024
A federal court sides with FTC, which argued that merger would raise prices for shoppers of luxury handbags
Judge blocks Coach owner Tapestry's proposed acquisition of Michael Kors owner Capri
A U.S. judge blocked the pending $8.5 billion merger of U.S. handbag and accessories maker Tapestry and Capri on Thursday, a victory for the U.S. Federal Trade Commission in an industry where merger c
NEW YORK--(BUSINESS WIRE)--On Thursday, November 7, 2024 at 8:00 a.m. (ET), Tapestry, Inc. (NYSE: TPR) will hold a conference call to discuss the Company's fiscal 2025 first quarter results which will
Tapestry (TPR) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
Fort Walton Beach, Oct. 16, 2024 (GLOBE NEWSWIRE) -- Join Relationship and Heartbreak Coach, Keishorne Scott, as he takes over TalkingParents' Instagram account from October 21 to October 25. This par
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

3 Consumer Discretionary Stocks Poised for Growth

07:01am, Saturday, 28'th Sep 2024
The consumer discretionary sector includes industries like retail, restaurants, and leisure and the sector is often viewed as a bellwether for economic health. As consumer confidence rises and disposa
Fashion designer Michael Kors testified Monday about competition in the handbag industry. The Federal Trade Commission is seeking to block Tapestry's $8.5 billion acquisition of Capri, which would put
The Federal Trade Commission (FTC) has been trying to block Coach parent Tapestry's (TPR) acquisition of Michael Kors holding company Capri Holdings (CPRI). Pauline Brown, author of "Aesthetic Intelli
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 announcing the $
Click to get the best stock tips daily for free!

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE