US antitrust wants to oppose deal between Tapestry and Capri Holdings

Will the USD 8.5 billion mega deal between Tapestry and Capri Holdings fall through? The antitrust authorities of the European Union and Japan have approved it. But in the US, the Federal Trade Commission (FTC) is considering whether to file a lawsuit to stop the deal. The M&A between Tapestry and Capri Holdings The FTC…