Tapestry and Capri mutually agree to terminate $8.5bn merger
The companies decided to abandon the merger plans due to the uncertain outcome of ongoing legal proceedings. Read More Yahoo! Finance: CPRI News
IQ Merger Arbitrage ETF (MNA)
The IQ Merger Arbitrage ETF (MNA) seeks investment results that correspond generally to the price and yield performance of its underlying index, the IQ Merger Arbitrage Index. The fund invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in the investments included in its underlying index. The underlying index seeks to employ a systematic investment process designed to identify opportunities in companies whose equity securities trade in developed markets, including the U.S., and which are involved in announced mergers, acquisitions and other buyout-related transactions. The fund is non-diversified.
Major fashion handbag brand gives huge update on FTC merger appeal
A popular luxury fashion brand made a major announcement as it fights to appeal the government's decision. Read More Yahoo! Finance: CPRI News
UnitedHealth’s Optum Defends Multi-Billion Dollar Amedisys Deal, Ensures Competitive Landscape
On Tuesday, the U.S. Justice Department said it will block UnitedHealth Group Inc.’s (NYSE:UNH) multi-billion acquisition of Amedisys Inc. (NASDAQ:AMED). The Justice Department has sued…
Capri terminates Tapestry merger citing regulatory hurdles
The proposed merger that would've combined six luxury brands owned by Capri and Tapestry was abandoned by the companies due to regulatory challenges posed by…
Short sellers cut bets against S&P 500 energy stocks amid earnings season
Post Content Read More XLE, EQT, VLO, APA, OXY, XOM, HES, WMB, CVX, MRO, PSX HES - News and Analysis from Seeking Alpha
Tapestry and Capri terminate merger agreement
After losing a lawsuit against the FTC, both companies agreed to cancel the deal, calling the legal process “uncertain and unlikely to be resolved.” Read…
Natural gas flares sparked 2 wildfires in North Dakota, state agency says
Natural gas flares at oil wells sparked two North Dakota wildfires earlier this fall, according to reports from the North Dakota Fire Marshal's Office. Investigators…
Coming undone: Balance restored in luxury category as Tapestry and Capri call off merger
Post Content Read More TPR, CPRI, TRP, LVMHF, LVMUY, BURBY, HESAY, PPRUY CPRI - News and Analysis from Seeking Alpha
Coach Parent Tapestry Stock Soars, Capri Falls as Brands Call Off Merger
Shares of Coach and Kate Spade parent Tapestry jumped Thursday morning while those of Michael Kors and Versace owner Capri Holdings fell after they called…
Tapestry, Capri Terminate $8.5 Billion Merger Agreement Amid Regulatory Hurdles
Tapestry, Capri Terminate $8.5 Billion Merger Agreement Amid Regulatory Hurdles Read More Yahoo! Finance: CPRI News
Biggest stock movers Thursday: DIS, CSCO, CNH, and more
Post Content Read More DIS, CSCO, TPR, ASML, CPRI, CNH, ZETA CPRI - News and Analysis from Seeking Alpha
Capri, Tapestry Scrap Merger After FTC Blocked Deal
(Bloomberg) -- Capri Holdings Ltd and Tapestry Inc. scrapped their $8.5 billion plan to merge after a court order freezing the proposed combination of the…
Tapestry’s $8.5B Merger Collapses–But Shareholders Are About to Cash In Big
Antitrust regulators killed the deal, but Tapestry's pivot to buybacks and organic growth is stealing the spotlight Read More Yahoo! Finance: CPRI News
Tapestry And Capri Call Off $8.5B Deal Amid Legal Hurdles
Tapestry, Inc. (NYSE:TPR) shares are trading higher premarket on Thursday after the company disclosed that it has reached an agreement with Capri Holdings Limited (NYSE:CPRI)…
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…
Tapestry, Capri End Merger Hopes Amid Legal Uncertainty
Tapestry—the owner of luxury brands such as Kate Spade and Coach—and Capri—owner of Michael Kors, Versace and Jimmy Choo ended their merger efforts after a…
5 stocks to watch on Thursday: DIS, AMAT, TPR/CPRI and more
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Tapestry and Capri Terminate $8.5B Merger Agreement
Now Capri is pressing forward with a revamp that will include store closures and a marketing push for its Michael Kors brand. Read More Yahoo!…
Tapestry halts Capri merger efforts, shares pop
Capri Holdings Ltd (NYSE:CPRI) and Coach owner Tapestry (NYSE:TPR) canceled their merger on Thursday after the Federal Trade Commission (FTC) blocked the proposed deal. Read…
Capri Holdings, Tapestry agree to end $8.5B merger deal
Post Content Read More TPR, CPRI CPRI - News and Analysis from Seeking Alpha
Capri Holdings Announces Termination of Merger With Tapestry
LONDON, November 14, 2024--Capri Holdings Limited (NYSE:CPRI), a global fashion luxury group, today announced the mutual termination of its definitive merger agreement with Tapestry, Inc.…
Coach parent Tapestry terminates $8.5 billion deal for Capri
The deal would have brought six brands under one roof: Tapestry's Coach, Kate Spade and Stuart Weitzman; and Capri's Versace, Jimmy Choo and Michael Kors.…
Exxon-led group in Guyana reaches 500M-barrel oil production milestone
Post Content Read More XOM, HES, SBFFY, CEOHF, SBFFF HES - News and Analysis from Seeking Alpha
What the stock market is saying about Albertsons and Kroger
The companies’ diverging performances this year say a lot about their respective outlooks and the likelihood of their merger going through, according to Wall Street…
DOJ Lawsuit Questions UnitedHealth’s $3.3 Billion Amedisys Deal
The DOJ suggests that UNH's acquisitions reflect a strategy of buying competitors rather than competing directly, potentially giving it control over multiple markets. Read More…
BJ’s names new chief operations officer, chief supply chain officer
The promotions follow the resignation of Jeff Desroches, the company’s former chief operations officer. Read More Yahoo! Finance: ACI News
CPI read: Food prices ran below the overall inflation rate in October
Post Content Read More PBJ, WMT, KO, PEP, KR, K, CPB, HRL, PPC, TSN, CAG, TAP, GIS, FLO, LANC, SJM, INGR, CALM, JJSF, THS, BUD,…
Kroger Announces Extension of Exchange Offers and Consent Solicitations for Albertsons Companies, Inc. Notes
The Kroger Co. (NYSE:KR) (the "Company" or "Kroger") announced today that it has extended the expiration date of the previously announced offers to exchange (the…
DOJ sues to block UnitedHealth’s $3.3B buy of home health firm Amedisys
The DOJ’s complaint is intentionally broad to maximize its chances of success, according to one expert. Still, the incoming Trump administration could throw cold water…
DOJ Lawsuit Threatens to Derail UnitedHealth’s Effort to Buy Another Home Health Provider
A new Department of Justice lawsuit has put at risk UnitedHealth Group effort to buy Amedisys one of the country’s largest providers of home health…
