Tapestry (TPR) shares soared on Thursday to an 11-year high after the parent of Coach and Capri Holdings (CPRI) called off ...
Fashion companies Capri ( CPRI) and Tapestry ( TPR) have mutually decided to abandon their $8.5 billion merger. The companies cited regulatory hurdles, saying in a statement "the required closing ...
There is no break fee. Tapestry will also reimburse Capri $45 million for transaction-related expenses. Recently, a judge blocked the acquisition by Tapestry, which the companies planned to appeal the ...
NEW YORK (AP) — Tapestry Inc. and Capri Holdings Ltd. have filed their notice to jointly appeal the decision by a U.S. District judge to temporarily halt the merger between the makers of Coach ...
In today's video, I will discuss the Tapestry and Capri Holdings (NYSE: CPRI) merger that is currently being blocked. Check out the short video to learn more, consider subscribing, and click the ...
J.P. Morgan analyst Matthew Boss maintained a Hold rating on Capri Holdings (CPRI – Research Report) yesterday and set a price target of $22.00. The company’s shares closed yesterday at $21.26.
A federal judge on Thursday blocked the pending merger of Tapestry and Capri on the grounds that the luxury handbag and accessories makers would undermine competition. The proposed $8.5 billion ...
(Photo by Michael M. Santiago/Getty Images) The U.S. District Court in the Southern District of New York just blocked the acquisition of Capri Holdings by Tapestry in a suit brought by the Federal ...