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Capri, Tapestry Scrap Merger

Fortune on MSN · 1h

Here’s what comes next for Tapestry and Capri after the death of their major fashion merger

What would have been the biggest fashion industry merger since the mid-2000s died today after two major luxury brands confirmed that their $8.5 billion deal is off. When it was announced last year, the acquisition of Capri by Tapestry was touted as a way to bring several famous brands under the same roof.

MarketWatch on MSN · 6h

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 · 4h

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.

DirecTV-Dish Merger In Jeopardy

Fox Business · 1d

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

6hon 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 ...

3hon 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 ...

5h

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 ...

2h

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 ...

1hon MSN

Here’s what Keesler Federal Credit Union members should know about proposed merger

Before the merger is complete, the federal review process must be completed and members of both credit unions will vote for ...

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 ...

1don MSN

EchoStar Stock Plunges After Dish Network Debt Holders Spurn Bond Deal Seen As Key To DirecTV Merger

EchoStar stock plunged 13% Tuesday on the news that bondholders of subsidiary Dish Network rejected a proposed debt deal seen ...

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