Merger Archive

Burberry Shares Soar After Report That Coach Is Considering Merger

LONDON, United Kingdom — Burberry Group Plc shares rose as much as 4.8 percent after Betaville, a financial blog, said Coach Inc. is considering merging with the British trench coat maker. The US maker of purses and accessories has been working with financial advisers at Evercore for several weeks on a possible deal, the website said, citing two people familiar with the situation it didn’t name. Earlier …