In their never ending quest to destroy corporate America and stockholders, the anti capitalist Harris/Biden DOJ blocked a merger between Tapestry (Coach) & Capri (Versace). Both own other brands but the result was Capri losing 1/2 its value and Tapestry up 13%. As a Tapestry stockholder I won but overall it’s a bad decision. The purchase of Kate Spade by Tapestry did nothing for the company and certainly didn’t hurt consumers as its prices DROPPED over time as part of a bigger company.

Are we to believe the bitter, angry, creepy Merrick Garland really cares about keeping the cost of Versace goods down for the consumer? It’s a joke ruling by a corrupt little man. But Amazon getting bigger and putting Walgreens out of the prescription business is fine. 3 months and this 4 eyed fuck is working for MSNBC.

https://www.reuters.com/business/ret...ry-2024-10-25/