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Capri, Tapestry and FTC
Capri and Tapestry end their $8.5 billion merger after FTC blocked it
Fashion companies Capri Holdings Limited and Tapestry -- parent companies behind the Coach and Michael Kors brands -- ended their $8.5 billion merger deal Thursday. The deal was blocked by the Federal Trade Commission.
Capri and Tapestry End Merger Plan After FTC Wins Blocking Order
Capri Holdings Ltd and Tapestry Inc. scrapped their $8.5 billion plan to merge after a court order freezing the proposed combination of the US fashion companies due to antitrust regulators’ objections.
Coach parent Tapestry pulls $8.5 billion bid for Capri after FTC roadblock
Tapestry is terminating its $8.5 billion deal to buy Michael Kors owner Capri following a legal hurdle, the companies said on Thursday, ending their effort to create a U.S. luxury giant to compete with major European players.
Coach Owner Tapestry Calls Off Capri Bid On Regulatory Blocks
Fashion group Tapestry said Thursday that it was dropping its $8.5 billion bid for Capri, the owner of luxury brands including Michael Kors and Versace, following a successful legal challenge by US regulators.
12d
FTC sends over $2.5 million to 51,000 Credit Karma customers after settlement
This story was updated to add new information. More than 50,000 Credit Karma customers will soon receive checks or PayPal ...
15h
on MSN
Man got letter from ‘lawyer’ vowing $11M payout from stranger’s insurance. It’s fake, DA says
You can’t cash in on a stranger’s life insurance policy — even if a lawyer says you can,” the Federal Trade Commission says.
7d
on MSN
The FTC comes after neobank Dave for misleading marketing, hidden fees
The Federal Trade Commission (FTC) announced on Tuesday that it will be taking action against the online cash app and neobank ...
HuffPost on MSN
13d
This TSA PreCheck Scam Could Steal Your Money. Here’s How To Spot It.
That’s because travelers who are applying for TSA PreCheck for the first time cannot pay the application fee online and ...
8d
FTC sues fintech app Dave over misleading $500 cash advance ads
The U.S. Federal Trade Commission sued financial technology company Dave Inc in Los Angeles on Tuesday, accusing it of luring ...
17h
I’ve been scammed — will my bank refund the money?
Whether your bank refunds money lost in a scam depends on several factors: the type of scam, how you sent the funds, the bank ...
18h
on MSN
3 holiday scams, including a fake TSA PreCheck, that could end up stealing your money
As consumers spend big from Thanksgiving through New Year's Day, the scammers are looking for yet another handout.
7d
FTC Sues Cash-Advance Fintech Dave, Says It Deceives the 'Financially Vulnerable'
The Los Angeles-based company defended its business practices and called the enforcement action "regulatory overreach." ...
LA Times on MSN
7d
FTC lawsuit accuses L.A. cash app Dave of charging hidden fees
The Federal Trade Commission is accusing Los Angeles cash app Dave Inc. of misleading customers about fees, the amount of ...
Hosted on MSN
1d
FTC comes slamming down on a website as its new rules to create 'truthful and accurate reviews' take effect
It's a good way of ensuring what your average person thinks of an item but, as a recent
FTC
case shows, it can be easily ...
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