Judge Halts Coach-Michael Kors Merger
This is a news story, published by CBS News, that relates primarily to FTC news.
clothes news
For more clothes news, you can click here:
more clothes newsCBS News news
For more news from CBS News, you can click here:
more news from CBS NewsAbout the Otherweb
Otherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best entertainment news, business news, world news, and much more. If you like clothes news, you might also like this article about
Tapestry. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest Capri Holdings news, merger news, clothes news, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
combined TapestryCBS News
•Makers of Coach and Michael Kors handbags blocked from merger in antitrust case
75% Informative
The FTC sued to block Tapestry 's $8.5 billion acquisition of Capri .
The FTC said the deal would eliminate direct competition between the fashion companies' handbag brands.
The two companies' brands cover a wide array of items from clothing to eyewear to shoes.
Capri 's shares fell more than 50% in after hours trading.
VR Score
85
Informative language
91
Neutral language
36
Article tone
formal
Language
English
Language complexity
52
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
no external sources
Source diversity
no sources
Affiliate links
no affiliate links