Finanzas: Burberry and Coach higher amid merger speculation

 

Shares of Burberry (OTCPK:BURBY, OTCPK:BBRYF) are up 7.2% in London trading after rumors pop up on a potential merger with Coach (NYSE:COH).

Speculation on the consolidation of luxury retailers was posted on the Betaville website.

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Coach is 3.76% higher to $37.26 in the premarket U.S. session.

Fuente: Seeking Alpha


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