The FTC is preparing to sue to block Tapestry’s (TPR) $8.5B takeover of Capri Holdings (CPRI), The New York Times’ Andrew Ross Sorkin, Ravi Mattu, Bernhard Warner, Sarah Kessler, Michael J. de la Merced, Lauren Hirsch and Ephrat Livni report. According to people two people familiar with the matter, FTC commissioners will meet this week to discuss the case, which could precede a formal vote on whether to file a lawsuit.
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