FTC Bid to Block Handbag Maker Merger Goes to Trial
US FTC's bid to block Tapestry-Capri merger goes to trial
The U.S. Federal Trade Commission will urge a federal judge in New York to block Tapestry's $8.5 billion merger with rival handbag maker Capri Holdings at a trial beginning on Monday, arguing it will eliminate fierce competition in the market for "accessible luxury.
Capri Holdings gains as FTC trial to block $8.5B sale to Tapestry starts
Capri Holdings ( NYSE: CPRI) rose 6% as the Federal Trade Commission's trial to block its planned $8.5 billion sale to Tapestry ( TPR) started on Monday.
The FTC Bid to Block Handbag Maker Merger Goes to Trial
The agency opposed the luxury merger of Coach parent Tapestry, which seeks to buy Michael Kors owner Capri in an $8.5 billion deal.
FTC faces $5 million legal fee bid after rare trial loss
A company that defeated a U.S. Federal Trade Commission lawsuit claiming it duped consumers into buying print subscriptions has asked a U.S. judge to award $5.4 million in legal fees for the agency's “dramatic overreach.
Capri Holdings: Up To 64% Merger Arbitrage Upside As Flimsy FTC Trial Begins
Capri Holdings offers a 64% potential return, with the current stock price under $35 and a deal price of $57. Read more about CPRI stock here.
M&A News: Tapestry’s (NYSE:TPR) Merger with Capri Comes Under Fire
It seems like every merger these days is being targeted for shutdown by the Federal Trade Commission (FTC). And it proved no different with
Competitive dynamics in focus as US tries to stop Tapestry-Capri merger
The U.S. Federal Trade Commission urged a federal judge in New York to block Tapestry's $8.5 billion merger with rival handbag maker Capri Holdings at a trial on Monday, arguing it will eliminate fierce head-to-head competition in the market for "accessible luxury.
Kamala Harris’ donors push the nominee to fire FTC Chair Lina Khan, SEC Chair Gary Gensler: report
Wall Street donors have argued FTC Chair Lina Khan and SEC Gary Gensler are hurting the economy, sources told Bloomberg.
Tapestry set to begin court fight with FTC over $8.5B Capri deal on Monday
Tapestry (TPR) on Monday will be in court to defend its planned $8.5 billion acquisition of Capri Holdings (NYSE:CPRI) as the ...
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Asbury denies FTC allegations, outlines internal processes in new filing
Asbury Automotive Group Inc. described internal policies on payment quotes and auditing deals for compliance in its formal ...
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The Courts Reject the FTC's Non-Compete Power Grab
The Federal Trade Commission (FTC) in 2024 little resembles its former self. The agency has drifted away from its post as a ...
Why The FTC Needs To Investigate Uber’s Anti-Competitive Business Practices
Uber’s anti-competitive business practices exploit its dominant market control, impacting millions of US drivers & customers ...
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FTC Seeks to Ban Fake Reviews
The Federal Trade Commission issued a final rule that bans reviews and testimonials attributed to people who don’t exist or ...
What's it like in courtroom in Kroger showdown with the FTC over the Albertsons merger?
Court officials say there are some 80 attorneys involved in the case, which has the FTC, eight states, and the District of ...
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Why Did ROTH MKM Give FTC Solar Inc (FTCI) Stock Neutral Rating?
On Friday, FTC Solar Inc (FTCI) stock saw a decline, ending the day at $0.21 which represents a decrease of $-0.01 or -4.55% from the prior close of $0.22. The stock opened at $0.22 and touched a low ...