FTC Prepares to Sue Tapestry, Capri Holdings Deal, The New York Times Reports
--The Federal Trade Commission is preparing to sue Tapestry's $8.5 billion takeover of Capri Holdings to block the deal, The New York Times Dealbook reports, citing two sources familiar with the matter.
--The FTC's five commissioners are set to meet next week to discuss the case and potentially vote on whether to file a lawsuit, The New York Times Dealbook reports, adding that the agency could still decide not to sue.
Full article at https://www.nytimes.com/2024/04/17/business/elon-musk-pay-tesla.html
Write to (sabela.ojea@wsj.com; @sabelaojeaguix)
(END) Dow Jones Newswires
April 17, 2024 07:59 ET (11:59 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.-
4 New Stocks to Buy With Catalysts for Future Gains
-
Markets Brief: Q2 Earnings Season Begins With the Banks
-
Six Sports Betting and iGaming Stocks Trading at a Discount
-
4 Predictions for Stocks and the Economy for the Second Half of 2024
-
What Broadening Rally? AI Stocks Dominate Again In Q2
-
After Earnings, Is Nike Stock a Buy, a Sell, or Fairly Valued?
-
Worst-Performing Stock ETFs of the Quarter
-
Top-Performing Stock ETFs of the Quarter
-
The 10 Best Dividend Stocks
-
3 Smaller-Company Stocks the Best Fund Managers Are Buying
-
SolarEdge Stock Is Down 74% In 2024. Is It a Buy or a Sell?
-
Industrials: Sector Offers Investment Opportunities as Performance Lags Broader Market
-
Consumer Defensives: Even Amid Macro Pressures, Deals Permeate the Landscape
-
33 Undervalued Stocks
-
Utilities: Can the Stocks Keep the Rally Going?
-
Basic Materials: Following Index Decline, We See Many Long-Term Opportunities