The Federal Trade Commission on Monday sued to block Tapestry Inc.’s $8.5 billion purchase of Capri Holdings — a deal that would combine the Coach, Kate Spade and Michael Kors brands ...

The US Federal Trade Commission said on Monday it was suing to block Coach parent Tapestry’s ... the FTC requested more information from the firms on their deal in November. “Capri ...

The Federal Trade Commission filed a lawsuit Monday to block the $8.5 billion merger of luxury fashion conglomerates Tapestry and Capri ... FTC’s bureau of competition, said in a news release ...

(RTTNews) - The U.S. Federal Trade Commission sued to block Tapestry Inc.'s. (TPR) $8.5 billion acquisition of Capri ... the FTC said in a statement on Monday. The FTC alleged that the deal ...

The Federal Trade Commission sued to block ... deal and that the FTC fundamentally misunderstands both the marketplace and the way in which consumers shop. ” “Tapestry and Capri operate ...

The Federal Trade Commission filed a lawsuit to block Capri Holdings ... on Monday. The Capri/Tapestry deal received a request for more information from the FTC in November.

Capri Holdings (NYSE:CPRI) ticked own 0.6% amid reports that the Federal Trade Commission is preparing to sue to block ... Tapestry deal received a request for more information from the FTC ...

The US Federal Trade Commission (FTC) has filed a lawsuit to block Coach ... £6.86billion) deal to 'would eliminate direct head-to-head competition between Tapestry's and Capri's brands'.

Citing a 5-0 vote, the FTC is seeking a temporary restraining order and a preliminary injunction to stop the deal. Unsurprisingly, Tapestry and Capri plan to fight the decision in court.