Capri Holdings and Tapestry recently announced that both intend to appeal against the decision by a US district court allowing the Federal Trade Commission (FTC) to move a preliminary injunction to block the latter’s pending acquisition of the former.
Tapestry termed the decision granting FTC’s request for a preliminary injunction ‘disappointing’ and ‘incorrect on the law and the facts’.Capri Holdings and Tapestry recently announced that both intend to appeal against the decision by a US district court allowing the Federal Trade Commission (FTC) to move a preliminary injunction to block the latter’s pending acquisition of the former.
Tapestry termed the decision granting FTC’s request for a preliminary injunction ‘disappointing’ and ‘incorrect on the law and the facts’.
