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Capri Holdings Ltd (CPRI) - Sunday, Mar 10, 2024

235 Views10 Jun 2024 07:01
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SUMMARY
  • Tapestry is acquiring Capri, which owns Michael Kors, Versace, and Jimmy Choo
  • FTC is scrutinizing the merger due to antitrust concerns in the affordable luxury market
  • Capri's deteriorating fundamentals may lead to a break price of $25 per share, with uncertain success of the acquisition

This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.

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