The companies agreed to a $8.5 billion deal in August 2023 that would have united Capri, the maker of Versace, Jimmy Choo and Michael Kors shoes, handbags and accessories, with Tapestry, which ...
(Reuters) -Tapestry is terminating its $8.5 billion deal to buy Michael Kors owner Capri following a legal hurdle, the companies said on Thursday, ending their effort to create a U.S. luxury giant to ...
A federal judge backed them, slamming the brakes on the merger before it could leave the station. Both companies decided to cut their losses and move on, leaving investors and analysts questioning ...
(Reuters) - Tapestry abandoned its $8.5 billion bid for Michael Kors owner Capri after a judge blocked it following a lawsuit by the U.S. Federal Trade Commission (FTC), in the latest regulatory ...
There is no break fee. Tapestry will also reimburse Capri $45 million for transaction-related expenses. Recently, a judge blocked the acquisition by Tapestry, which the companies planned to appeal the ...
House Foreign Affairs Committee Chairman Michael McCaul, R-Texas, was detained at Dulles International Airport earlier this month for "appearing intoxicated," Fox News has confirmed. McCaul ...
Michael Allred may be most closely associated with his creator-owned series Madman, but he's also enjoyed a highly successful career at Marvel Comics over the decades. That work is now the subject ...
I’ve lost track of the number of times Michael Learns To Rock (MLTR) has come to Singapore. But if I had my way, any artiste whose concert announcements are met with one word – “Again?” – should be ...
The longtime couple recently revealed they're moving away from New York ...