Capri, Tapestry

Tapestry and Capri Scrap Merger Plans. Completion of Luxury Deal Uncertain.
Tapestry and Capri Holdings have scrapped their merger plans a few weeks after the Federal Trade Commission sued to block the deal. Tapestry shares gained 7.3% in premarket trading, while Capri fell 6%.
Tapestry And Capri Call Off $8.5B Deal Amid Legal Hurdles
Tapestry, and Capri Holdings Limited have mutually agreed to terminate their merger agreement due to legal uncertainty. Tapestry will redeem $6.1 billion in notes and maintain dividends while pursuing share repurchase program.
What’s next for Capri Holdings after ending Tapestry merger deal?
Capri and Tapestry have mutually agreed to terminate their planned merger. Capri CEO continues to see long-term potential in the company.
Capri Announces Mutual Termination Of Merger Agreement With Tapestry - Quick Facts
Capri Holdings (CPRI) announced the mutual termination of its definitive merger agreement with Tapestry, Inc. The required closing
Coach parent Tapestry terminates $8.5 billion deal for Capri
Tapestry said on Thursday it was terminating its $8.5 billion deal for Michael Kors owner Capri after the deal was blocked by a U.S. judge. Shares of Tapestry were up 5% in premarket trading, while those of Capri were down 3%.
Capri Holdings, Tapestry agree to end $8.5B merger deal
Capri Holdings (NYSE:CPRI) and Tapestry, Inc. (NYSE:TPR) have mutually agreed to end their $8.5B merger deal. “Capri and Tapestry mutually agreed that terminating the merger agreement at this time is in the best interest of both companies,
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Tapestry’s stock pops and Capri falls 6% as fashion giants scrap merger deal
Tapestry Inc.’ stock jumped 6.8% early Thursday, while Capri Holdings Inc.’s stock fell about 4%, after Tapestry said ...
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Capri and Tapestry end their $8.5 billion merger after FTC blocked it
Nov. 14 (UPI) --Fashion companies Capri Holdings Limited and Tapestry -- parent companies behind the Coach and Michael Kors ...
Coach Owner Tapestry Calls Off Capri Bid On Regulatory Blocks
Fashion group Tapestry said Thursday that it was dropping its $8.5 billion bid for Capri, the owner of luxury brands including Michael Kors and Versace, following a successful legal challenge by US ...
Tapestry Is Buying Back Its Bonds Issued to Fund Capri Purchase
Tapestry Inc. is planning to buy back $6.1 billion of bonds it sold to fund its now blocked purchase of Capri Holdings, after ...
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Capri and Tapestry abandon plans to merge, citing regulatory hurdles
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Capri Holdings and Tapestry Terminate Merger Agreement
Capri Holdings Limited has reported the mutual termination of its definitive merger agreement with Tapestry, Inc. Capri and ...
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Capri Holdings Announces Termination of Merger With Tapestry
Capri Holdings Limited (NYSE:CPRI), a global fashion luxury group, today announced the mutual termination of its definitive ...
Tapestry’s stock climbs on sales and earnings beat, raised outlook
Shares of Tapestry Inc. TPR climbed 5.5% in premarket trades after the fashion brand company reported better-than-expected ...
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Tapestry Boosts Outlook on Stronger Coach Brand Sales
Tapestry Inc. raised its guidance for the year on better-than-expected revenue at its Coach brand, while Capri Holdings Ltd. ...