--The Federal Trade Commission is preparing to sue Tapestry's $8.5 billion takeover of Capri Holdings to block the deal, The New York Times Dealbook reports, citing two sources familiar with the matter.
--The FTC's five commissioners are set to meet next week to discuss the case and potentially vote on whether to file a lawsuit, The New York Times Dealbook reports, adding that the agency could still decide not to sue.
Full article at https://www.nytimes.com/2024/04/17/business/elon-musk-pay-tesla.html
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(END) Dow Jones Newswires
04-17-24 0759ET