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October 30, 2024 - BY Glossy

Tapestry’s Capri deal appeal faces long odds, says former FTC attorney

As of Monday, Tapestry Inc. has officially appealed the court decision blocking its $8.5 billion acquisition of Capri Holdings. But the appeal is “an extremely uphill battle,” according to James Weingarten, an antitrust partner at Milbank and former FTC chief trial counsel.