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

  • Jul
    25
    Jul 25-Jul 25, 2017 | New York, United States

    Footwear Sourcing Intelligence Summit

  • Jul
    26
    Jul 26-Jul 29, 2017 | Salt Lake City, United States

    Outdoor Retailer

  • Jul
    30
    Jul 30-Jul 31, 2017 | Lexington, Kentucky, United States

    Kentucky Shoe Buying Mart

  • Aug
    1
    Aug 1-Aug 3, 2017 | New York, United States

    FFANY - Shoe Show

Related Organizations

  • NSRA - National Shoe Retailers Association

    NSRA - National Shoe Retailers Association

    United States
  • Pensole Footwear Design Academy

    Pensole Footwear Design Academy

    United States
  • AAFA - American Apparel & Footwear Association

    AAFA - American Apparel & Footwear Association

    United States
  • The Atlanta Shoe Market

    The Atlanta Shoe Market

    United States