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    1. Coach Will Pay Kate Spade Shareholders $18.50 a Share

      Coach Will Pay Kate Spade Shareholders $18.50 a Share

      Coach will pay Kate Spade shareholders $18.50 a share in cash. That represents a 28% premium to Kate's closing price as of Dec. 27, the last trading day before a Wall Street Journal report that Kate was exploring a sale of the company after coming under pressure from an activist shareholder. The company confirmed it was reviewing such options in February.

      Kate Spade shares rose 8.3% to $18.38 on Monday, while Coach shares climbed 4.8% to $44.71...

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      Mentions: CEO Shareholders
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