Capri Holdings and Tapestry (TPR) receive request for additional info from FTC related to its review of the two companies' previously announced transaction (50.66 -0.39)
- Both Capri and Tapestry expect to promptly respond to the Second Request and to continue to work cooperatively with the FTC in its review of the transaction.
- Capri continues to expect that the Transaction will be completed in calendar year 2024.