Capri-Sun is a childhood staple that brings back memories of trading snacks at lunch and cooling down at pool parties. It’s ...
“The blocking of Tapestry’s acquisition of Capri is absurd. It does not reflect the realities of the ... [+] market," said GlobalData's Neil Saunders. (Photo by Michael M. Santiago/Getty ...
Capri Holdings (CPRI), the parent company of Michael Kors and Jimmy Choo, saw shares plunge around 47% in early trading on Friday after a US judge blocked its pending $8.5 billion acquisition by ...
Capri Holdings (NYSE:CPRI) plunged 50% in after hours trading after a federal judge blocked its $8.5 billion planned sale to Tapestry (TPR). Shares of Tapestry jumped 7.5%. US District Judge ...
Tapestry shares surged 12% after a federal judge blocked its $8.5 billion acquisition of Capri Holdings, whose shares plummeted nearly 46%. The deal was value-destructive for Tapestry, with no ...
Capri Holdings shares plummeted 45% soon after the market opened Friday after a federal judge blocked Coach owner Tapestry's $8.5 billion acquisition of the Versace and Michael Kors parent.
Capri Holdings shares fell 48% after a judge blocked its acquisition by Tapestry, which plans to appeal the ruling. Wells Fargo lowered Capri's price target from $42 to $23, while Tapestry's ...
Oct 25 (Reuters) - Capri shares (CPRI.N), opens new tab slumped nearly 46% on Friday after a U.S. judge blocked its pending $8.5 billion merger with Coach parent Tapestry <TPR.N>, hurting the ...
Capri Holdings (NYSE:CPRI) took a nosedive Friday, with shares sinking 48% after a U.S. judge shut down its $8.5 billion merger with Tapestry (NYSE:TPR), the parent of Coach. The ruling marked a ...
The F.T.C. had sued to halt the merger of Tapestry, the parent of Coach and Kate Spade, and Capri, the owner of Versace and Michael Kors. By Lauren Hirsch and Jordyn Holman A federal judge moved ...
Capri has agreed to be sold to Tapestry for $57 per share. However, the US Federal Trade Commission is blocking the deal on antitrust concerns and recently won a court victory, putting the ...
Shares of Capri tumbled after a federal judge blocked the company's $8.5 billion sale to its fashion rival Tapestry. Capri's stock fell 50% to $20.85 in post-market trading on Thursday ...