Coach (COH) Said Working with Evercore on Possible Merger with Burberry - Betaville

October 21, 2016 8:18 AM EDT

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Coach (NYSE: COH) is working with advisors at Evercore as it considering a merger with Burberry, according to a report earlier from Betaville.

The headline sent Burberry higher in London, while Coach and peer Kate Spade & Co. (NYSE: KATE) are set to open higher in the U.S.

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