Tapestry abandoned its $8.5 billion bid for Michael Kors owner Capri after a judge blocked it following a lawsuit by the U.S.

The companies agreed to a $8.5 billion deal in August 2023 to unite the makers of Coach and Michael Kors handbags, but the ...

The proposed $8.5 billion merger was first announced in August 2023 but has faced scrutiny from the Federal Trade Commission (FTC), which sued to block the deal earlier this year over concerns it ...

Fashion company Tapestry on Thursday said it's terminating its proposed merger with Capri because the two luxury groups don't ...

Tapestry announced the termination of the merger, leaving question marks about how both companies will fill the void.

The HSR Rules have now been published in the Federal Register, which puts them on track to be effective on February 10, 2025.

Capri Holdings Ltd and Tapestry Inc. scrapped their $8.5 billion plan to merge after a court order froze the proposed ...