World Footwear

Companies

Coach successfully completes tender offer to acquire Kate Spade

Jul 10, 2017 / United States
Coach successfully completes tender offer to acquire Kate Spade
The New York-based design house of luxury accessories and lifestyle brands announced that it has successfully completed its previously announced tender offer for Kate Spade & Company
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.



Related news

Related Events

  • Sep
    24
    Sep 24-Sep 26, 2017 | Phoenix, Arizona, United States

    The Arizona Apparel, Accessories, Shoe, & Gift Show

  • Sep
    24
    Sep 24-Sep 25, 2017 | Syracuse, New York, United States

    Syracuse Super Show

  • Sep
    26
    Sep 26-Sep 27, 2017 | Raleigh, North Carolina, United States

    Footwear Materials & Innovation Summit

  • Oct
    22
    Oct 22-Oct 25, 2017 | Long Beach, United States

    Footwear Trade and Distribution Conference (FTDC)

Related Organizations

  • The Museum at FIT

    The Museum at FIT

    United States
  • AAFA - American Apparel & Footwear Association

    AAFA - American Apparel & Footwear Association

    United States
  • Two Ten Footwear Foundation

    Two Ten Footwear Foundation

    United States
  • Brooklyn Shoe Space

    Brooklyn Shoe Space

    United States