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$8.5B Luxury Deal Blocked! Tapestry (TPR.US) And Capri (CPRI.US) Merger Halted By U.S. Federal Court
Generated by AI AgentMarket Intel
Thursday, Oct 24, 2024 8:21 pm ET1min read
Capri Holdings, Inc. (CPRI.US) plunged more than 45% after-hours on Thursday after a federal judge blocked its $8.5 billion sale to Tapestry (TPR.US). Meanwhile, Tapestry's stock rose more than 13% after-hours.
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