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Capri, Tapestry Scrap Merger
Capri outlines return to growth plan as Tapestry merger falls apart
Luxury fashion parent company of Coach and Kate Spade, Tapestry and global fashion luxury group Capri Holdings have mutually agreed to end their merger plans amid regulatory challenges.
Tapestry Poised For Solid Growth After Capri Merger Termination, Analysts Cite Struggles And Missteps At Capri
Tapestry ended its merger with Capri Holdings, but analysts remain upbeat on Tapestry's growth while downgrading Capri's outlook.
Capri Holdings, Tapestry agree to end $8.5B merger deal
Capri Holdings (NYSE:CPRI) and Tapestry, Inc. (NYSE:TPR) have mutually agreed to end their $8.5B merger deal. “Capri and Tapestry mutually agreed that terminating the merger agreement at this time is in the best interest of both companies,
16m
Capri Holdings price target lowered to $23 from $26 at Telsey Advisory
Telsey Advisory lowered the firm’s price target on Capri Holdings (CPRI) to $23 from $26 and keeps a Market Perform rating on the shares.
2h
Tapestry Made The Right Decision To Go It Alone Without Capri Dragging It Down
Tapestry dodged a bullet by canceling its acquisition of Capri Holdings. It is freed from taking on the many problems at ...
22h
The Owner of Coach Abandons Its $8.5 Billion Bid to Take Over Versace’s Parent Company
Tapestry and Capri Holdings have called off their $8.5 billion merger. Tapestry owns brands like Coach and Kate Spade, while ...
14m
Capri Holdings price target lowered to $22 from $57 at TD Cowen
TD Cowen lowered the firm’s price target on Capri Holdings (CPRI) to $22 from $57 and keeps a Hold rating on the shares. The firm said ...
6d
Why Capri Holdings Stock Was Falling Today
The merger was blocked after a district court agreed with the Federal Trade Commission that the deal would significantly ...
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Tapestry
New York Stock Exchange
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