Tapestry merger with Versace owner Capri gets EU, Japan approval
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Capri stock falls as NYT reports the FTC is preparing to block takeover by Tapestry (TPR)
April 17, 2024 7:46 AM EDTAccording to a report from The New York Times on Wednesday, the Federal Trade Commission (FTC) is preparing legal action to block Tapestry's (NYSE: TPR) proposed $8.5 billion acquisition of Capri Holdings Limited (NYSE: CPRI).
A potential deal would... More
