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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,
FTC Makes a $365 Million Argument Against Tapestry’s Deal to Buy Capri
A hearing in Manhattan federal court dug into the analysis underpinning the government’s case against the $8.5 billion acquisition.
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.
Competitive dynamics in focus as US tries to stop Tapestry-Capri merger
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.
Santa Rosa Press Democrat
15h
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 ...
4d
on MSN
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 ...
7d
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 Citizen
1d
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 ...
7d
Maintaining Hold on Capri Holdings Amid Deal Uncertainty and Limited Upside Potential
Capri Holdings (CPRI – Research Report), the Consumer Cyclical sector company, was revisited by a Wall Street analyst today. Analyst Paul ...
9d
Room to Hike Kors Prices Seen in Tapestry-Capri Merger, Executive Testifies
The slides included Tapestry's internal consumer research deck sent to CEO Joanne Crevoiserat in 2022 by Elizabeth Harris, ...
6d
The Origin Story Of Capri Sun
Capri Sun is one of those all-time classic summer beverages that everyone seems to love. Here is its surprisingly long and ...
Niagara Gazette
11d
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 ...
4h
Is Your Bag Luxurious Enough for a Government Lawsuit?
The Coach and Michael Kors case shows the limits of antitrust challenges.
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Related topics
Tapestry
Michael Kors
Federal Trade Commission
The Princeton Review
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