Federal Court Pulls The Plug On Digital Tax Preparation Merger
Posted 11/15/11
A federal judge in the United States District Court for the District of Columbia has granted the United States’ motion for a permanent injunction enjoining H&R Block’s proposed acquisition of its digital tax preparation competitor, 2SS Holdings, Inc., the company offering TaxACT.
Judge Howell’s
order in
United States v. H&R Block, Inc., Civ. No. 11-00948 (BAH), unequivocally found that the proposed...