Tapestry’s stock soars and Capri erases losses as fashion giants scrap merger deal

Tapestry Inc.’ stock soared Thursday, while Capri Holdings Inc.’s stock erased losses to gain 4%, after Tapestry said it’s terminating its $8.5 billion merger agreement with its smaller rival.

Topics

Tapestry-Capri Fashion Merger Is Blocked by Judge
Business - The New York Times - October 24
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Tapestry, Capri End Merger Hopes Amid Legal Uncertainty
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Tapestry’s stock soars and Capri erases losses as fashion giants scrap merger deal

Topics

Related

Tapestry-Capri Fashion Merger Is Blocked by Judge

Tapestry and Capri End Plans for ‘Accessible Luxury’ Merger

Stock of Michael Kors owner Capri dives 45% after judge blocks merger with Tapestry

Tapestry, Capri End Merger Hopes Amid Legal Uncertainty

China borrows almost as cheaply as US in return to dollar bond market

Capri and Tapestry abandon plans to merge, citing regulatory hurdles

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