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Capri, Tapestry Scrap Merger

MarketWatch on MSN · 4h

Tapestry’s stock pops and Capri falls 6% 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.

The Washington Post on MSN · 2h

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.

Bloomberg on MSN · 2h

Capri, Tapestry Scrap Merger After FTC Wins Blocking Order

Capri Holdings Ltd and Tapestry Inc. scrapped their $8.5 billion plan to merge after a court order froze the proposed combination of the US fashion companies due to antitrust regulators’ objections.Tapestry,

DirecTV-Dish Merger In Jeopardy

FOX News on MSN · 22h

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.

International Business Times · 1d

DirecTV-Dish Merger In Jeopardy: Here's The Issue

Dish bondholders rejected DirecTV's revised offer on Monday which lowered the minimum loss on $8.9 billion of bonds

4hon 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 ...

1hon MSN

Coming undone: Balance restored in luxury category as Tapestry and Capri call off merger

To the surprise of no one, Tapestry ( NYSE: TPR) has walked away from a potential merger with its struggling competitor Capri ...

4h

Disney-Reliance Indian media giant says TV ‘is not dead’ following $8.5bn merger

Head of newly formed Jio Star says traditional linear format is still important in the country during streaming era ...

27m

Reliance, Disney complete India media merger valued at $8.5B

Reliance and Disney have completed their landmark Indian media merger, creating an $8.5 billion entertainment powerhouse in ...

5hon MSN

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 ...

6h

Capri Announces Mutual Termination Of Merger Agreement With Tapestry - Quick Facts

Capri Holdings (CPRI) announced the mutual termination of its definitive merger agreement with Tapestry, Inc. The required closing ...

1don 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 ...

1don 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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