Kate Spade final bid unlikely to be at premium - DealReporter

• Final bids are coming next week, according to the report, with Michael Kors (KORS) and Coach (COH) among those still interested.
• KATE isn't likely to see a bid any higher than the current valuation, though that's still 40-50% more than the stock price in December ahead of reports the company was up for sale.
• KATE -3.75% to $22.84.