Why the failed Capri merger is 'very good' for Tapestry stock

Why the failed Capri merger is ‘very good’ for Tapestry stock

Capri Holdings (CPRI) stock fell sharply sharply Friday following a federal judge’s decision to block its proposed acquisition by Tapestry (TPR), citing antitrust concerns. Both companies have stated their intent to appeal the decision Bernstein analyst Aneesha Sherman joins Market Domination to evaluate the investment potential of both companies in light of this development. “The…

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