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Capri, Tapestry Scrap Merger

MarketWatch on MSN · 5h

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.

Barron's on MSN · 5h

Tapestry and Capri Scrap Merger Plans. Completion of Luxury Deal Uncertain.

Tapestry and Capri Holdings have scrapped their merger plans a few weeks after the Federal Trade Commission sued to block the deal. Tapestry shares gained 7.3% in premarket trading, while Capri fell 6%.

The Washington Post on MSN · 3h

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 News on MSN · 23h

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

2hon 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 ...

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 ...

6hon 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 ...

7h

Reliance, Disney complete merger, form Rs 70,352 crore joint venture

Reliance Industries holds a 16.34 per cent stake in the JV, while its step-down unit Viacom18 holds 46.82 per cent and Disney ...

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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