Capri and Tapestry abandon plans to merge, citing regulatory hurdles - CNBC

The parent companies behind Coach and Michael Kors saw their proposed merger blocked by the Federal Trade Commission.

By: CNBC

Nov 15 2024
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Capri and Tapestry called off their merger on Thursday after the Federal Trade Commission successfully sued to block the megadeal. The two U.S.-based luxury houses "mutually agreed" that terminating… [+3011 chars]

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