H&R Block Can't Move DOJ Challenge To $288M TaxACT Buy

Law360, New York (June 7, 2011, 1:35 PM EDT) -- H&R Block Inc. and the maker of TaxACT software lost their bid Monday to transfer the U.S. Department of Justice's antitrust suit challenging their proposed $287.5 million merger from Washington to H&R's home state of Missouri.

U.S. District Judge Beryl A. Howell found that H&R Block and TaxACT developer 2SS Holdings Inc.'s arguments for the convenience and relevance of the proposed new venue were insufficient to move the case, which alleges that the deal could limit competition for online tax preparation software.

"The defendants have not...
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