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Tapestry, Capri motion for expedition based on 'concocted deadline,' US FTC tells appeals court

( November 5, 2024, 20:39 GMT | Official Statement) -- MLex Summary: The Tapestry-Capri Holdings merger agreement end date is "a deadline of their own making, which appellants can modify at any time," the US Federal Trade Commission told the US Court of Appeals for the Second Circuit. "Granting appellants’ request based on a concocted deadline would prejudice the Federal Trade Commission (FTC or Commission), burden the Court, and ultimately harm the public by preventing the antitrust issues in this case from being given the full attention they deserve."See attached document. ...

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