FTC Sues to Block Tapestry Inc.'s Acquisition of Capri Holdings

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by Dhani Mau

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04.22.2024




Confirming weeks of speculation, the United States’ Federal Trade Commission (FTC) issued an administrative complaint and authorized a lawsuit in federal court to block Tapestry Inc.’s $8.5 billion acquisition of Capri Holdings Limited.  First announced last August, the deal would create the …

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