H&R Case Proves Merger Law Remains Consistent: Pozen

Law360, Washington (November 17, 2011, 7:04 PM EST) -- The U.S. Department of Justice's successful case blocking H&R Block Inc.'s acquisition of the makers of TaxACT software demonstrates that last year's changes to the merger guidelines didn't result in major changes to merger law enforcement, DOJ antitrust head Sharis Pozen said Thursday.

A Washington federal judge issued an injunction in October against the attempted $287.6 million merger, backing the DOJ's proposed market definition. H&R and TaxACT maker 2SS Holdings Inc. said Tuesday that they would abandon the deal.

The H&R case and decision, which both...
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