Michael Kors takes over fashion icon Versace in $2 billion deal | Article [AMP] | Reuters

U.S. fashion group Michael Kors (KORS.N) has agreed to buy Versace in a deal valuing the revered designer at $2 billion including debt, the companies said on Tuesday, making it the latest Italian brand to fall into foreign hands.
— Read on mobile.reuters.com/article/amp/idUSKCN1M51HQ

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