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FTC sues to block GTCR’s ‘unlawful acquisition’ of Surmodics

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Summary
Nutrition label

65% Informative

GTCR owns a majority stake in Biocoat , the second largest manufacturer of hydrophilic coatings used on devices such as catheters, while Surmodics is the space’s largest player.

FTC alleges that if the deal proceeds, the establishment of a combined company controlling more than 50% of the market would “significantly increase market concentration” in the sector, giving it “reason to believe” the acquisition would violate the 2023 Merger Guidelines.

VR Score

62

Informative language

59

Neutral language

53

Article tone

formal

Language

English

Language complexity

78

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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