Capri and Tapestry abandon plans to merge, citing regulatory hurdles
The parent companies behind Coach and Michael Kors saw their proposed merger blocked by the Federal Trade Commission.
Reports & sources
NBC New York
Capri and Tapestry abandon plans to merge, citing regulatory hurdles (opens NBC New York)NBC New York's feed description
FOX Business
Capri terminates Tapestry merger citing regulatory hurdles (opens FOX Business)FOX Business's feed description
UPI
Capri and Tapestry end their $8.5 billion merger after FTC blocked it (opens UPI)UPI's feed description