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Capri, Tapestry Scrap Merger
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 it’s terminating its $8.5 billion merger agreement with its smaller rival.
Fashion houses Tapestry and Capri end merger plan as FTC gets a luxury win
The parent companies of brands such as Coach, Kate Spade, Versace and Michael Kors decided not to proceed with a court battle.
Capri and Tapestry end their $8.5 billion merger after FTC blocked it
Fashion companies Capri Holdings Limited and Tapestry -- parent companies behind the Coach and Michael Kors brands -- ended their $8.5 billion merger deal Thursday. The deal was blocked by the Federal Trade Commission.
DirecTV-Dish Merger In Jeopardy
DirecTV scrapping DISH merger
Satellite TV provider DirecTV is walking away from its planned acquisition of EchoStar's video distribution service, DISH DBS, after DISH bondholders rejected a debt exchange.
DirecTV said it plans to abandon its Dish merger
Satellite TV provider DirecTV said on Tuesday it will abandon its planned acquisition of EchoStar’s satellite television business that includes Dish TV by Nov. 22 if bondholders don’t agree to a debt exchange.
DirecTV-Dish Merger In Jeopardy: Here's The Issue
Dish bondholders rejected DirecTV's revised offer on Monday which lowered the minimum loss on $8.9 billion of bonds
The New York Times
2h
Tapestry and Capri End Plans for ‘Accessible Luxury’ Merger
Tapestry and Capri said that they had “mutually agreed that terminating the
merger
agreement was in the best interests of ...
2h
on MSN
Reliance, Walt Disney close $8.5 billion merger of Indian media assets
Reliance Industries and Walt Disney on Thursday completed the $8.5 billion merger of their Indian media assets, which have ...
2h
Disney-Reliance Indian media giant says TV ‘is not dead’ following $8.5bn merger
Head of newly formed Jio Star says traditional linear format is still important in the country during streaming era ...
3h
on MSN
Maker of Coach handbags calls off merger with company that produces Michael Kors accessories
Fashion company Tapestry says it’s terminating its proposed merger with Capri because the two luxury groups don’t expect to ...
Fox Business
50m
Capri terminates Tapestry merger citing regulatory hurdles
The luxury fashion brand
merger
between Capri and Tapestry is officially off, as the two companies announced Thursday that they will abandon the
merger
because they were unlikely to gain ...
4h
on MSN
Reliance, Disney complete India media merger valued at $8.5 billion
Reliance and Disney have completed their landmark Indian media merger, creating an $8.5 billion entertainment powerhouse that ...
1d
on MSN
Spirit Airlines Stock Sinks on Report Frontier Merger Talks Break Down
Spirit Airlines shares plunged Wednesday on a report that the budget carrier is getting ready to file for bankruptcy ...
1h
on MSN
Bills vs. Chiefs will only be fifth game of its kind since NFL merger
According to ESPN, it will only be the fifth time since the AFC-NFL merger in 1970 that two teams will play and both teams ...
5h
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 ...
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