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Is the FTC Really Going to Stop Tapestry and Capri From Merging?

Blocking the deal would set a new precedent for fashion M&A in the US and leave Capri Holdings in a precarious position as it attempts to turn around its Michael Kors brand.
Michael Kors and Coach campaigns.
Michael Kors (left) owner Capri merger with Coach (right) owner Tapestry could be blocked by the US Federal Trade Commission, with a vote to move ahead coming as soon as Monday. (Michael Kors, Coach)

For months, short-selling investors have been placing a wager that

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