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Capri, the parent company of fashion brands Michael Kors and Jimmy Choo, saw its stock tank nearly 50% on Friday after a federal judge blocked its pending $8.5 billion merger with Coach owner ...
Tapestry claims the proposed merger is both pro-competitive and pro-consumer. Tapestry has to act fast since there is a February 2025 deadline for the expiration of the bonds intended for the ...
Southern District of New York judge Jennifer Rochon granted the FTC's motion for a preliminary injunction to block the proposed merger on the grounds that a combination would hurt competition and ...
A U.S. District judge has halted the merger between the makers of Coach and Michael Kors handbags, saying it would reduce competition and hurt consumers. In her ruling Thursday, U.S. District ...
The much-anticipated merger of JioCinema and Disney+ Hotstar is set to shake up India’s streaming world, potentially creating a powerhouse that could dominate the market. As two of India’s ...
It’s still an open question as to what happens next. The deal, which would be the largest supermarket merger in U.S. history, is facing numerous legal challenges at both the state and federal ...
DENVER — After three weeks of testimony, closing arguments were heard Friday in the Colorado antitrust trial regarding the planned nationwide merger of Kroger and Albertsons. Albertsons owns 103 ...
A slew of luxury brands will remain separate entities for now. On Thursday, a judge blocked the merger of Tapestry and Capri Holdings, two companies that oversee a number of accessories brands ...
The newest American fashion conglomerate is off the cards — pending an appeal. On 24 October, a US judge blocked the Tapestry-Capri merger following an eight-day trial, which ended on 17 September and ...
Copyright 2024 The Associated Press. All Rights Reserved. Updated [hour]:[minute] [AMPM] [timezone], [monthFull] [day], [year] NEW YORK (AP) — A U.S. District judge ...
A federal judge on Thursday temporarily blocked luxury fashion conglomerate Tapestry from moving forward with its $8.5 billion merger of Capri Holdings, siding with antitrust regulators in arguing ...