Einhorn Doubles Down on Handbag Maker Capri After Takeover Deal Scuttled

(Bloomberg) — When a US judge unexpectedly blocked Capri Holdings Ltd.’s takeover by rival Tapestry Inc. in October, stunned hedge fund managers ran for the exits as the handbag maker’s stock plunged. For billionaire David Einhorn’s Greenlight Capital, it was a chance to double down.Most Read from BloombergWhat Happened to Hanging Out on the Street?How Sanctuary Cities Are Preparing for Another Showdown With TrumpTexas HOA Charged With Discrimination for Banning Section 8 RentersBillionaire Dev

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