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Investors Drop Challenge To $2.4B Kate Spade, Coach Deal

By Dave Simpson ( June 29, 2017, 8:41 PM EDT) -- A proposed class of shareholders suing Kate Spade & Co. over its planned $2.4 billion sale to Coach Inc. dropped the suits in New York federal court on Thursday after the designer amended its SEC filing to address concerns the deal pads executives' wallets while shortchanging the company's intrinsic value....

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