Stock of Michael Kors owner Capri dives 45% after judge blocks merger with Tapestry
Oct 24, 2024
A federal judge on Thursday blocked Tapestry Inc.’s planned $8.5 billion acquisition of Capri Holdings, agreeing with regulators that the deal would hurt competition in the handbag industry.
https://www.marketwatch.com/story/judge-blocks-tapestrys-acquisition-of-capri-c3307bc2?mod=mw_rss_topstories
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