Tapestry/Capri: Labor Concern Part of Suit FTC Considering Against Handbag Deal

Published on Apr 15, 2024

In leaning toward suing to block Tapestry’s (TPR) proposed buyout of Capri (CPRI), the agency sees the $8.5 deal as unacceptably shrinking the number of companies that employ workers for the handbag makers, sources familiar with the matter said.

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