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Coach Will Buy Kate Spade For $2.4 Billion
Monday, May 8, 2017 - 7:56am | 349Shares of Kate Spade & Co (NYSE: KATE) gained more than 8 percent Monday morning after the accessories and apparel maker agreed to sell itself to rival Coach Inc (NYSE: COH) for $18.50 per share. Investors shouldn't necessary be surprised by Monday's announcement. Activist investor and...
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Kate Spade Looking Into Strategic Alternatives, Including Selling Itself
Thursday, February 16, 2017 - 12:16pm | 377Shares of apparel and fashion maker Kate Spade & Co (NYSE: KATE) jumped more than 10 percent on Thursday after the company confirmed what media reports have been suggesting over the past few months, namely the company is exploring a sale of itself. A Bloomberg report dated December 29, 2016,...
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Kate Spade Spikes 17% Amid M&A Speculation
Wednesday, December 28, 2016 - 2:15pm | 348Shares of Kate Spade & Co (NYSE: KATE), a designer and marketer of high-end accessories and apparel, soared more than 17 percent early Wednesday afternoon amid M&A speculation. The Wall Street Journal reported that Kate Spade is exploring a sale of itself due to pressure from Caerus...