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Capri, Tapestry Scrap Merger
Tapestry and Capri End Plans for ‘Accessible Luxury’ Merger
Tapestry, the owner of Coach, said it would abandon its $8.5 billion deal to buy Capri, the parent company of Michael Kors, after the Federal Trade Commission successfully sued to stop the transaction.
Fashion houses Tapestry and Capri end merger plan as FTC gets a luxury win
The parent companies of brands such as Coach, Kate Spade, Versace and Michael Kors decided not to proceed with a court battle.
Tapestry’s stock soars and Capri erases losses as fashion giants scrap merger deal
Tapestry Inc.’ stock jumped 6.8% early Thursday, while Capri Holdings Inc.’s stock fell about 4%, after Tapestry said it’s terminating its $8.5 billion merger agreement with its smaller rival.
DirecTV-Dish Merger In Jeopardy
DirecTV scrapping DISH merger
Satellite TV provider DirecTV is walking away from its planned acquisition of EchoStar's video distribution service, DISH DBS, after DISH bondholders rejected a debt exchange.
DirecTV said it plans to abandon its Dish merger
Satellite TV provider DirecTV said on Tuesday it will abandon its planned acquisition of EchoStar’s satellite television business that includes Dish TV by Nov. 22 if bondholders don’t agree to a debt exchange.
DirecTV threatens to call off Dish Network deal
TheStreet’s Conway Gittens brings you the biggest news of the day, including what investors are watching and why a huge TV merger is in trouble.
58m
on MSN
Disney-Reliance Indian media giant says TV ‘is not dead’ following $8.5bn merger
The head of Disney and Reliance Industries’ newly merged $8.5bn Indian entertainment titan plans to invest and “revitalise” ...
2h
on MSN
Reliance, Walt Disney close $8.5 billion merger of Indian media assets
Reliance Industries and Walt Disney on Thursday completed the $8.5 billion merger of their Indian media assets, which have ...
2h
Akari Therapeutics Announces Successful Completion of Merger of Akari Therapeutics and Peak Bio
Secures $3.2m in PIPE Financing -- $50m Term Sheet Obtained for Available Financing under Equity Line of Credit - BOSTON and ...
6h
on MSN
Maker of Coach handbags calls off merger with company that produces Michael Kors accessories
Fashion company Tapestry says it's terminating its proposed merger with Capri because the two luxury groups don't expect to ...
11h
Disney-Reliance $8.5 Billion Media Merger Closes, Creating Indian Entertainment Powerhouse
Reliance Industries and Disney completed their long-awaited media merger, creating an Indian powerhouse valued at $8.5 ...
11h
Reliance, Disney complete merger, form Rs 70,352 crore joint venture
Reliance Industries holds a 16.34 per cent stake in the JV, while its step-down unit Viacom18 holds 46.82 per cent and Disney ...
1d
on MSN
Merger activity is down 40% from its peak. Citigroup CEO Jane Fraser sees a ‘big unlock’ ahead.
Citigroup Chief Executive Jane Fraser That’s Citigroup Inc.’s Chief Executive Jane Fraser, who is adding her voice to ...
1d
on MSN
Spirit Airlines Stock Sinks on Report Frontier Merger Talks Break Down
KEY TAKEWAYS Spirit Airlines shares are plunging more than 60% in premarket trading on a report that the budget carrier is ...
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