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Coach Inc (COH.N)

COH.N on New York Stock Exchange

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BRIEF-Coach Inc launches tender offer to acquire Kate Spade & Co for $18.50 per share in cash

* Coach Inc launches tender offer to acquire Kate Spade & Company for $18.50 per share in cash

BRIEF-Coach sets quarterly cash dividend of $0.3375 per share

* Sets quarterly cash dividend of $0.3375per share Source text for Eikon: Further company coverage:

LPC: Coach’s Kate Spade buy offers retail M&A blueprint

NEW YORK, May 12 Handbag maker Coach Inc’s US$2.4bn purchase of designer and smaller luxury handbag and accessories maker Kate Spade & Co, backed by up to US$2.1bn in bank loans, shows that US retailers are opening their purses to buy rivals to boost profits, bankers and analysts said.

With eye on millennials, Coach buys Kate Spade

Handbag maker Coach Inc said it would buy Kate Spade & Co for $2.4 billion as it looks to tap the popularity of its smaller rival's quirky satchels and totes among millennials. | Video

With eye on millennials, Coach buys Kate Spade

Handbag maker Coach Inc said it would buy Kate Spade & Co for $2.4 billion as it looks to tap the popularity of its smaller rival's quirky satchels and totes among millennials.

UPDATE 4-With eye on millennials, Coach buys Kate Spade

* Coach to cut back Kate's online flash sales (Adds CEO and analyst comments, Breakingviews link; updates shares)

BRIEF-Coach CEO- Approximately 60 pct of Kate Spade's consumers are millennial

* CEO on conf call- marketing and design, merchandising teams to remain independent for Kate and Coach, corporate functions to be shared

BRIEF-Kate Spade says it may be required to pay Coach a termination fee of $83.3 mln

* Kate spade & co - with respect to coach deal, under some circumstances, co is required to pay coach a termination fee of $83.3 million - sec filing Source text for Eikon: (http://bit.ly/2qgMQnY) Further company coverage:

BRIEF-Coach to acquire Kate Spade & Co for $18.50 per share in cash

* Coach Inc to acquire Kate Spade & Company for $18.50 per share in cash

Coach to buy rival Kate Spade for $2.4 billion

May 8 Handbag maker Coach Inc said it would buy smaller rival Kate Spade & Co for $2.4 billion.

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