FTC, Tapestry and Capri Holdings
Capri gains on last day of FTC trial on Tapestry deal before closing arguments
Capri Holdings (NYSE:CPRI) advanced 4% on the last day of the Federal Trade Commission's trial to block Tapestry's (TPR) planned $8.5 billion deal before closing arguments later this month. An economist testifying for Capri (CPRI) and Tapestry (TPR) appeared to strike several blows against the FTC's case and against its economist,
Competitive Dynamics in Focus as US Tries to Stop Tapestry-Capri Merger
NEW YORK (Reuters) -The U.S. Federal Trade Commission urged a federal judge in New York to block Tapestry's $8.5 billion merger with rival handbag maker Capri Holdings at a trial on Monday, arguing it will eliminate fierce head-to-head competition in the market for "accessible luxury."
The FTC Bid to Block Handbag Maker Merger Goes to Trial
The agency opposed the luxury merger of Coach parent Tapestry, which seeks to buy Michael Kors owner Capri in an $8.5 billion deal.
Capri Holdings: Up To 64% Merger Arbitrage Upside As Flimsy FTC Trial Begins
Capri Holdings offers a 64% potential return, with the current stock price under $35 and a deal price of $57. Read more about CPRI stock here.
US FTC's bid to block Tapestry-Capri merger goes to trial
The U.S. Federal Trade Commission will urge a federal judge in New York to block Tapestry's $8.5 billion merger with rival handbag maker Capri Holdings at a trial beginning on Monday, arguing it will eliminate fierce competition in the market for "accessible luxury.
Tapestry is called out by Argus as an undervalued play ahead of the planned Capri merger
Argus thinks Tapestry (NYSE:TPR) is undervalued at its current share price. Analyst Kristina Ruggeri said the apparel giant ...
Santa Rosa Press Democrat1d
Some residents of Petaluma’s Capri Villa mobile home park avoid rent hikes, this time
Owners of Petaluma’s Capri Villa mobile home park were not allowed to raise rents by $328 on 12 residents after park ...
Capri Sun Is Selling a Pallet of 3,800 Pouches to Let You Know Its Iconic Packaging Isn’t Going Away
Each demographic has its own preferences, from everything to the cut of their jeans to the height of their socks, but ...
Capri Sun responds to rumors that it's getting rid of its iconic pouches
As for the rumors about the 12-ounce bottles hitting stores, Capri Sun tells TODAY.com that is still happening — just not ...
Deep Dive Into Capri Holdings Stock: Analyst Perspectives (5 Ratings)
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by ...
The Register Citizen2d
Norwalk's Capri's Cuisine to close storefront after legal dispute with landlord
NORWALK — Capri’s Cuisine in Norwalk will shutter its doors after nearly a decade in business following a legal dispute ...
These Were The Very First Flavors Of Capri-Sun Sold In Stores
Capri Sun is beloved by kids and adults alike, and is available in a variety of styles, but do you know which flavors of the ...
Kate Spade, Coach Bags Take Spotlight in $8.5 Billion FTC Fight
At the federal antitrust trial that will spell the fate of the $8.5 billion deal to marry the Coach and Kate Spade brands ...
Niagara Gazette12d
Alyssa Capri exhibit showing at Project 308 Gallery
Project 308 Gallery is hosting “The Body, The Score,” an exhibition of paintings by Alyssa Capri, on view throughout ...
Is Your Bag Luxurious Enough for a Government Lawsuit?
The Coach and Michael Kors case shows the limits of antitrust challenges.