November 15, 2011
H&R Block Inc. and TaxACT software developer 2SS Holdings Inc. have abandoned their plans to merge in a $287.6 million deal, the companies said Tuesday, two weeks after a Washington federal judge barred the transaction on antitrust grounds.
November 10, 2011
A Washington federal judge concluded that the federal government rightly limited the market affected by H&R Block Inc.'s $287.6 million bid for the maker of TaxACT software to online do-it-yourself tax products rather than all preparation methods, according to an opinion released Thursday supporting an injunction against the deal.
October 31, 2011
A Washington federal judge on Monday blocked H&R Block Inc.'s proposed $287.6 million acquisition of the maker of TaxACT software on antitrust grounds, granting the U.S. Department of Justice a permanent injunction in its suit against the tax preparer.
October 03, 2011
The U.S. Department of Justice on Monday wrapped up closing arguments in its antitrust suit seeking to halt H&R Block Inc.'s proposed $287.6 acquisition of the maker of TaxACT software with a renewed assault on the company's market definition.
September 06, 2011
Former H&R Block Inc. CEO Alan Bennett told a Washington federal judge Tuesday that the company's $287.6 million bid for the developer of tax preparation software TaxACT did not warrant the government's attempt to enjoin the deal over antitrust concerns.
August 26, 2011
The U.S. Department of Justice hit back Wednesday at H&R Block Inc.'s motion to keep a Washington federal judge from halting its $287.6 million deal to buy the developer of tax preparation software TaxACT despite the government's antitrust concerns.
August 01, 2011
The Antitrust Division of the U.S. Department of Justice sought a preliminary injunction Monday in Washington seeking to block H&R Block Inc.'s $287.6 million purchase of 2SS Holdings Inc., maker of TaxACT tax preparation software and web services.
June 07, 2011
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.
May 23, 2011
The U.S. Department of Justice filed suit in Washington on Monday to stop Kansas City, Mo.-based H&R Block Inc. from buying the maker of TaxACT for $287.5 million because of worries that the combination would limit competition for online tax preparation software.