CNBC |
Coach, Kate Spade shares jump on news of $2.4 billion merger
CNBC Handbag maker Coach announces a deal to acquire its smaller rival, Kate Spade, for $2.4 billion. This is an effort by the brand to make a broader “lifestyle assortment,” Coach CEO Victor Luis says. Coach has been trying to reach younger consumers with … Coach, Inc. to Acquire Kate Spade & Company for $18.50 Per Share in CashBusiness Wire (press release) Coach Just Bought Kate Spade & Here’s What That Means for Bargain HuntersFootwear News |
May 08, 2017 at 08:03PM
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