Both Capri's Michael Kors brand and Tapestry's Coach brand, meanwhile, are typically viewed as accessible luxury brands. On ...

On October 24, 2024, the Federal Trade Commission (FTC) succeeded in blocking the proposed merger of Tapestry and Capri Holdings, which would ...

In a stunning turn of events, a judge ruled in favor of the U.S. government and blocked the proposed merger between handbag and fashion rivals Capri Holdings (NYSE: CPRI) and Tapestry (NYSE ...

Capri's stock plunged on the news, as the company has struggled since agreeing to be acquired. The company must renew its focus, but a turnaround won't be easy. Tapestry, meanwhile, has seen ...

Capri Holdings (CPRI) stock price has suffered a harsh reversal and is on track for the third consecutive week of decline after its acquisition bid failed. It dropped to a low of $19.45, its lowest ...

The Federal Trade Commission (FTC) litigated two merger challengers involving Kroger/Albertsons and Tapestry/Capri. On October 24, 2024, Tapestry/Capri was decided in the government’s favor and ...

Another Millennium Management portfolio manager specializing in merger arbitrage is leaving after a money-losing bet for the ...

Capri shares 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 Michael Kors owner's chances of navigating ...

Laurent Pujade, a London-based senior portfolio manager specializing in trading corporate events including mergers, is set to depart after a court decision halted Tapestry Inc.’s planned $8.5 ...

The US election has much of Wall Street riveted. For merger-arbitrage traders, there’s a lot riding on the outcome, and a chance to revive their sagging fortunes.