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FTC Says Handbag Cos. Have Info Needed To Defend $8B Deal

By Bryan Koenig ( May 9, 2024, 10:13 PM EDT) -- The Federal Trade Commission assailed Tapestry and Capri on Wednesday for demanding more details on the market allegedly threatened by their planned $8.5 billion merger, which would pair the parent company of Coach and Kate Spade with that of Versace and Michael Kors, arguing the firms have the information they need....

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