Engel Law PLLC is investigating whether fair value to Capri Holdings Ltd (NYSE: CPRI) shareholders will result from the proposed acquisition of Capri by Tapestry, Inc. (NYSE: TPR) for $57.00 in cash for each Capri share.
The Firm’s investigation concerns:
(i) whether the Company’s board of directors acted in the best interests of Company shareholders in agreeing to the proposed transaction;
(ii) whether the merger consideration adequately compensates the Company’s shareholders; and
(iii) whether all information regarding the sales process and valuation of the transaction will be fully and fairly disclosed.