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....
Read the full article on Seeking Alpha
For further details see:
Capri Holdings: A Risky Way To Capture Significant Upside As The FTC Looms