Coach parent blocked from merging with owner of Michael Kors
A U.S. judge on Thursday blocked the disputed $8.5 billion merger between handbag and accessories makers Tapestry and Capri, a victory for the Federal Trade Commission in an industry where merger issues are rare. The FTC argued in an eight-day trial in New York that the merger would eliminate fierce direct competition between the top […]
Marijuana grower interested in merging with Sam Adams beer owner: report
Cannabis producer Green Thumb Industries is prepared to make a merger proposal to U.S.-based brewer Boston Beer, according to a letter seen by Reuters. Green Thumb CEO Ben Kobler said in a June 2 letter to Boston Beer founder Jim Koch that the merger would allow the cannabis producer, currently listed in Canada, to also […]
Kevin O’Leary ‘forbids’ couples from merging finances
‘Shark Tank’ star and investor Kevin O’Leary says he ‘forbids’ couples to combine financially, saying that a lack of one’s own financial identity can lead to problems if one’s personal life deteriorates. It warns that this could lead to dire consequences. “In this society, you have to maintain your own financial identity. You have to. […]
Scientists suggest our universe is merging with ‘baby universes’ as possible theory of expansion
Astronomers have proposed a new theory that suggests why the universe is expanding at an accelerating rate. Although it is widely agreed that our universe is expanding, how exactly this process occurs is less well understood. Scientists believe that an elusive substance called “dark energy” is responsible for the expansion. However, the existence of dark […]
Merging families is ‘getting easier’
Amy Robach and TJ Holmes say blending their families has become “easy” despite a rocky start to their romance. Former “GMA3” co-anchor It was revealed on Tuesday's episode of the podcast “Amy and TJ” More than a year after the pair's affair first made headlines, their respective children say they are starting to mend their […]