Tapestry, the owner of Coach, said it would abandon its $8.5 billion deal to buy Capri, the parent company of Michael Kors, after the Federal Trade Commission successfully sued to stop the transaction.
Category: Antitrust Laws and Competition Issues
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US Regulators Seek to Block UnitedHealth’s $3.3 Billion Purchase of Home Care Company
The Justice Department and four Democratic state attorneys general argued that United’s takeover would limit competition and harm consumers needing home or hospice care.
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The Big Names Angling for Roles in Trump’s Cabinet
Lobbyists are trying to connect executives with the Trump transition team, and some familiar names are in the mix for top jobs.
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How FTC Chair Lina Khan Became an Election Hot Topic
The Federal Trade Commission chair drew increasing political vitriol as the presidential vote neared. Her political future hangs in the balance.
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Tapestry-Capri Fashion Merger Is Blocked by Judge
The F.T.C. had sued to halt the merger of Tapestry, the parent of Coach and Kate Spade, and Capri, the owner of Versace and Michael Kors.
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How Kamala Harris’s Economic Plan Has Been Shaped by Business Leaders
The vice president has repeatedly incorporated suggestions from business executives into her economic agenda.
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The Trump-Harris Election Is Creating Anxiety on Wall Street
Among deal makers with fortunes at stake, the consequences of a Harris or a Trump win are increasingly murky.