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FTC Moves To Block $8.5B Designer Fashion Deal

Law 360 M&A

The Federal Trade Commission moved on Monday to block a planned $8.5 billion deal for Coach and Kate Spade parent company Tapestry Inc. to purchase Capri Holdings Ltd., owner of designer brands Michael Kors and Jimmy Choo.

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Fashion Cos. Aim To Make FTC Define Market In Merger Suit

Law 360 M&A

Fashion companies Tapestry Inc. have asked a New York federal court to order the Federal Trade Commission to define the proposed relevant market in its suit attempting to block the companies' planned $8.5 and Capri Holdings Ltd.

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FTC's Designer Fashion Deal Challenge Gets Sept. Hearing

Law 360 M&A

A New York federal court has scheduled a September hearing for the Federal Trade Commission's request to block luxury fashion holding company Tapestry Inc.'s s planned $8.5 billion purchase of Capri Holdings Ltd., a deal that would bring together the Coach, Kate Spade and Michael Kors brands.

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WWE Shareholders Combine Chancery TKO Merger Suits

Law 360 M&A

Delaware's Court of Chancery will decide this summer whether teams led by Block & Leviton, Bernstein Litowitz or Robbins Geller will represent World Wrestling Entertainment Inc. stockholders in a consolidated class suit against founder Vincent McMahon and others over the company's $21 billion merger with the Endeavor Group.

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Dorsey's Jay-Z Ties Don't Thwart Tidal Deal, Chancery Says

Law 360 M&A

Delaware's Chancery Court on Tuesday dismissed a Block Inc. shareholder's suit against founder and CEO Jack Dorsey and company directors over Block's purchase of Norwegian music-streaming service Tidal in 2021, rejecting a shareholder's claims that Dorsey's friendship with rap mogul Shawn "Jay-Z" Carter tainted the $306 million deal.

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Azimut Sells to Patriot Battery Metals its JBN-57 Property, James Bay Region, Quebec

Benzinga

LONGUEUIL, Quebec, May 02, 2024 (GLOBE NEWSWIRE) -- Azimut Exploration Inc. Azimut" or the "Company") (TSXV: AZM ) (OTCQX: AZMTF ) is pleased to announce the signing of a Sale and Purchase Agreement (the "Agreement") with Patriot Battery Metals Inc. The monetization of this claim block in. Azimut will retain a 2.0%

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Microsoft Seeks UK Merger Block Rethink, Citing New Deals

Law 360 M&A

wants United Kingdom antitrust authorities to rethink the block imposed on the company's $68.7 billion takeover of Activision Blizzard Inc., Microsoft Corp.