FTC Prepares to Sue Tapestry, Capri Holdings Deal, The New York Times Reports
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Dow Jones
--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)
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