Tapestry, inc. announces definitive agreement to acquire capri holdings limited, establishing a powerful global house of iconic luxury and fashion brands

New york--(business wire)--tapestry, inc. (nyse: tpr), a house of iconic accessories and lifestyle brands consisting of coach, kate spade, and stuart weitzman, and capri holdings limited (nyse: cpri), a global fashion luxury group consisting of versace, jimmy choo, and michael kors, today announced that they have entered into a definitive agreement under which tapestry will acquire capri holdings. under the terms of the transaction capri holdings shareholders will receive $57.00 per share in ca.
TPR Ratings Summary
TPR Quant Ranking