COLM - Capri Holdings: A Risky Way To Capture Significant Upside As The FTC Looms
2024-04-16 19:32:15 ET
Summary
- Capri Holdings Limited is a potential acquisition target with a 45% upside if the deal with Tapestry, Inc. goes through.
- The market is currently forecasting a high chance of the deal falling through, creating a short-term investment opportunity.
- Capri Holdings has been experiencing declining revenue and profits, which could pose a risk if the deal does not go through.
- But it's likely that the two companies will prevail, even as the FTC looks set to continue with a lawsuit.
Some of the best investment opportunities, about during mergers and acquisitions activities. When one firm agrees to buy out another, there is often a spread of some sort between the price at which shares are trading and the price at which the acquirer has agreed to purchase them in the near future....
Capri Holdings: A Risky Way To Capture Significant Upside As The FTC Looms