FTC sues to block on Tapestry (Coach) & Capri's (Michael Kors) $8.5 billion merger
By Lauren Hirsch and Jordyn Holman
The New York Times
F.T.C. Sues to Block $8.5 Billion Fashion Merger
The deal between Coach’s owner, Tapestry, and the parent of Michael Kors, Capri Holdings, is intended to create a U.S. luxury group to compete with the European industry giants.
0 Replies