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merger agreementCNBC
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73% Informative
Tapestry and Capri have mutually agreed to call of their merger.
The two luxury houses "mutually agreed" that terminating the merger was in their best interests.
The FTC sued to block the deal, saying it would disadvantage consumers and reduce benefits for employees.
The $8.5 billion acquisition would have married America 's two largest luxury houses.
VR Score
80
Informative language
85
Neutral language
28
Article tone
semi-formal
Language
English
Language complexity
54
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
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