Einhorn Doubles Down on Handbag Maker Capri After Takeover Deal Scuttled

Einhorn Doubles Down on Handbag Maker Capri After Takeover Deal Scuttled




When a US judge unexpectedly blocked Capri Holdings Ltd.’s takeover by rival Tapestry Inc. in October, stunned hedge fund managers ran for the exits as the handbag maker’s stock plunged. For billionaire David Einhorn’s Greenlight Capital, it was a chance to double down.



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