Coach Parent Tapestry Stock Soars, Capri Falls as Brands Call Off Merger
Key Takeaways The stocks of Tapestry and Capri Holdings moved in opposite directions Thursday after the brands called off a ...
Tapestry's $8.5B Merger Collapses--But Shareholders Are About to Cash In Big
Antitrust regulators killed the deal, but Tapestry's pivot to buybacks and organic growth is stealing the spotlight ...
Coach parent Tapestry pulls $8.5 billion bid for Capri after FTC roadblock
(Reuters) -Tapestry said on Thursday it was terminating its $8.5 billion bid for Michael Kors owner Capri after a legal ...
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Capri and Tapestry abandon plans to merge, citing regulatory hurdles
The $8.5 billion acquisition, originally announced in August 2023, would have married America's two largest luxury houses and ...
Tapestry Is Buying Back Bonds Issued to Fund Capri Purchase
Tapestry Inc. is planning to buy back $6.1 billion of bonds it sold to fund its now blocked purchase of Capri Holdings, after ...
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Tapestry Stock Could Extend Rally to 11-Years Highs
Tapestry (TPR) stock is surging amid rival Capri Holding's (CPRI) breakdown, and also flashing a historically bullish signal ...
Tapestry added to Analyst Focus List at JPMorgan
JPMorgan analyst Matthew Boss added Tapestry (TPR) to the firm’s Analyst Focus List as a value pick after the company reached an ...