Capri Holdings (CPRI) and Tapestry, Inc. (TPR) have terminated their $8.5B merger deal due to regulatory challenges.
Luxury fashion parent company of Coach and Kate Spade, Tapestry and global fashion luxury group Capri Holdings have mutually ...
06:45 EST Capri Holdings (CPRI) announces termination of merger with Tapestry (TPR) Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See ...
To the surprise of no one, Tapestry ( NYSE: TPR) has walked away from a potential merger with its struggling competitor Capri ...
Further complicating the outlook is the ongoing acquisition process with Tapestry, which has led to a lack of communication from Capri Holdings with the financial community. The stock trades well ...
Versace's parent company, Capri Holdings, reported fiscal ... after a federal judge blocked Coach owner Tapestry's (TPR) $8.5 billion deal to acquire Capri last month. Tapestry also owns the ...
Capri Holdings revenue decreased 16.4% to $1.08 ... Saunders also said that the prospect of an acquisition by Tapestry Inc. has led Capri’s management to stop putting effort into a turnaround ...
Tapestry and Capri have jointly filed a notice of appeal." Management said it would not provide or hold a conference call due to the pending appeal of the merger with Tapestry. The merger was ...
Versace-parent Capri Holdings posted a bigger-than-expected ... The results were in contrast to those of Coach-parent Tapestry, whose $8.5 billion deal to buy the company was blocked by a U.S ...