Capri

The U.S. Federal Trade Commission (FTC) has launched a lawsuit to halt the $8.5 billion acquisition of Capri Holdings Ltd. (NYSE:CPRI) by Tapestry Inc. (NYSE:TPR). What Happened: The FTC’s lawsuit, filed on Monday, contends that the proposed merger would eliminate direct competition between...

A number of sources, according to AllThingsD, confirmed over the weekend that Apple (NASDAQ: AAPL) is in the final stages of negotiations to buy Israeli startup, PrimeSense. PrimeSense is best known as the original supplier for Microsoft (NASDAQ: MSFT)’s gesture-based Kinect gaming device....