The FTC is trying to stop a merger between brands Tapestry and Capri that would put labels Coach, Kate Spade, Michael Kors, Jimmy Choo, and Versace under one luxury house. Tapestry, Inc., which ...
Story continues For him the potential downside is around $22, but he sees deteriorating odds of the companies winning in ...
BLOOMBERG NEWS FTC sues to block Tapestry-Capri ... Meta’s acquisition of virtual reality startup Within, and Microsoft’s bid for gaming giant Activision. — NEW YORK TIMES ...
The Capri/Tapestry deal received a request for more information from the FTC in November. Last Monday the European Commission approved the Capri (CPRI) deal. The transaction also received approval ...
The FTC pointed to Microsoft’s record of acquiring and using gaming content to suppress competition from rival consoles, including its acquisition of ZeniMax, parent company of video game firm ...
The FTC said Microsoft and Activision had signaled the deal could close as soon as Friday and asked a federal judge to block any final agreement before 11:59 p.m ET June 15. The FTC said the deal ...
This comes at a time when several US lawmakers have sought increased scrutiny from the FTC of several multi-billion dollar deals that might risk higher prices and affect consumers. US antitrust ...
In a highly unusual move for the fashion industry, the FTC sued Monday in Manhattan federal court to block the acquisition, which was first agreed to in August and would bring together Tapestry ...
Monday's federal court filing by the FTC challenges the proposed deal that would have one company controlling six fashion brands: Tapestry's Coach, Kate Spade and Stuart Weitzman and Capri's ...
while hourly workers stand to lose the benefits of higher wages and more favorable workplace conditions,” Henry Liu, director of the FTC’s bureau of competition, said in a news release.
Confirming weeks of speculation, the United States' Federal Trade Commission (FTC) issued an administrative complaint and authorized a lawsuit in federal court to block Tapestry Inc.'s $8.5 ...