Fashion Cos. Say FTC Bid To Ax $8.5B Deal 'Makes No Sense'

By Lauren Berg (May 7, 2024, 10:41 PM EDT) -- The Federal Trade Commission's move to block the owner of Coach and Kate Spade from buying the owner of Michael Kors and Jimmy Choo for $8.5 billion "makes no sense," the companies argued in response, saying they aren't the only handbag brands in the game....

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