Broadridge Corporate Issuer Solutions, Inc., the depositary for the tender offer, has advised Coach, Inc. that, as of the tender offer expiration, an aggregate of 96.384.196 Kate Spade & Company shares were validly tendered pursuant to the tender offer, representing approximately 75% of the Kate Spade & Company shares then outstanding.
 
The parties expect to complete the acquisition of all remaining outstanding shares of Kate Spade & Company on Tuesday, 11th of July, 2017, pursuant to a merger of Coach, Inc.’s wholly owned subsidiary into Kate Spade & Company.

Following the merger Kate Spade & Company will be a wholly owned subsidiary of Coach, Inc. and its shares will be delisted from the New York Stock Exchange.