In a stunning turn of events, a judge ruled in favor of the U.S. government and blocked the proposed merger between handbag and fashion rivals Capri Holdings (NYSE: CPRI) and Tapestry (NYSE ...

“The blocking of Tapestry’s acquisition of Capri is absurd. It does not reflect the realities of the ... [+] market," said GlobalData's Neil Saunders. (Photo by Michael M. Santiago/Getty ...

Oct 25 (Reuters) - Capri shares (CPRI.N), opens new tab slumped nearly 46% on Friday after a U.S. judge blocked its pending $8.5 billion merger with Coach parent Tapestry <TPR.N>, hurting the ...

slightly missing Wall Street's estimates. Zooming out, we think this was still a decent, albeit mixed, quarter, showing that the company is staying on track. Tapestry is up 32.8% since the ...

Capri shares plunge after antitrust enforcer gets deal frozen Tapestry said halt would kill union; FTC cited hit to rivalry Shares of Capri Holdings Ltd. plunged Friday morning after a federal judge ...

Capri Holdings shares fell 48% after a judge blocked its acquisition by Tapestry, which plans to appeal the ruling. Wells Fargo lowered Capri's price target from $42 to $23, while Tapestry's ...

Capri Holdings' shares plummet after a federal judge blocks its $8.5B sale to Tapestry; Tapestry shares rise. Spirit Airlines plans to sell 23 planes and cut jobs to boost liquidity, expecting $ ...

Tapestry Inc.’s $8.5 billion acquisition of Michael Kors owner Capri Holdings Ltd. has been handbagged. On Thursday, US District Judge Jennifer Rochon froze the deal, concluding that it would ...

Tapestry and Capri announced the proposed tie-up last year. The combination would have brought together six high-profile fashion brands under one roof: Tapestry’s Coach, Stuart Weitzman ...