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FTC Sues to Block $8.5 Billion Tapestry-Capri Merger
The deal between Coach’s owner, Tapestry, and the parent of Michael Kors, Capri Holdings, is intended to create a U.S. luxury group to compete with the European industry giants.The New York Times - Business -
FTC Sues to Block $8.5 Billion Tapestry-Capri Merger
The deal between Coach’s owner, Tapestry, and the parent of Michael Kors, Capri Holdings, is intended to create a U.S. luxury group to compete with the European industry giants.The New York Times - Top stories -
FTC sues to block Coach parent Tapestry's acquisition of Capri Holdings
The FTC argued the combination of Tapesty and Capri would hurt consumers and workers.CNBC - Business -
FTC sues to block $8.5 billion merger of Coach and Michael Kors owners
Proposed deal "threatens to deprive consumers of the competition for affordable handbags," federal agency says.CBS News - Top stories -
FTC sues to block $8.5bn deal between the makers of Michael Kors and Coach
Antitrust regulator takes aim at proposed Capri-Tapestry deal to create a US luxury goods powerhouseFinancial Times - Business -
FTC Blocks $8.5 Billion Deal Uniting Coach, Michael Kors
The antitrust regulator says Tapestry’s purchase of Capri Holdings hurts competition among affordable luxury handbag sellers; Companies vow to defend merger.The Wall Street Journal - World