Coach (COH) PT Raised to $50 at Wells Fargo Following Acquisition of KATE

Go back to Coach (COH) PT Raised to $50 at Wells Fargo Following Acquisition of KATE

Coach, Inc. to Acquire Kate Spade & Company for $18.50 Per Share in Cash

May 8, 2017 6:45 AM EDT

Combination Creates First New York-Based House of Modern Luxury Lifestyle Brands

Acquisition Expected to be Accretive in Fiscal 2018 and to Reach Double-Digit Accretion by Fiscal 2019 on a non-GAAP Basis

NEW YORK--(BUSINESS WIRE)-- Coach, Inc. (NYSE: COH) (SEHK: 6388), a leading New York design house of modern luxury accessories and lifestyle brands, today announced it has signed a definitive agreement to acquire Kate Spade & Company (NYSE: KATE). Under the terms of the transaction Kate Spade... More