Michael Kors owner Capri’s shares crater after $8.5bn merger blocked
Decision is a win for antitrust regulators who argued deal with Kate Spade owner Tapestry would strangle competition
Read more at Financial Times
Topics
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Stock of Michael Kors owner Capri dives 45% after judge blocks merger with Tapestry
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Judge blocks Coach owner Tapestry's proposed acquisition of Michael Kors parent Capri
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