UNITED STATES OF AMERICA v. H&R BLOCK, INC. et al

Filing 107

ORDER granting 35 Motion for Permanent Injunction. Signed by Judge Beryl A. Howell on 10/31/2011. (lcbah2)

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UNITED STATES DISTRICT COURT FOR THE DISTRICT OF COLUMBIA UNITED STATES OF AMERICA, Plaintiff, v. Civil Action No. 11-00948 (BAH) H&R BLOCK, INC., et al., Defendants. ORDER This matter comes before the Court on the plaintiff’s motion for a permanent injunction against the acquisition of 2SS Holdings, Inc. (“TaxACT”) by H&R Block, Inc. (“HRB”). Upon consideration of all the evidence before the Court, including documents and factual and expert testimony presented at an evidentiary hearing, the applicable law, and the parties’ legal memoranda and arguments, the Court finds that the proposed acquisition of TaxACT by HRB violates Section 7 of the Clayton Act, 15 U.S.C. § 18, for the reasons explained in the accompanying Memorandum Opinion.1 Accordingly, it is hereby ORDERED that, for the reasons explained in the accompanying Memorandum Opinion, the plaintiff’s motion for a permanent injunction is GRANTED; and it is further ORDERED that HRB and any parent, affiliate, subsidiary, or division thereof are enjoined and restrained, pursuant to Section 15 of the Clayton Act, 15 U.S.C. § 25, from acquiring any stock, assets, or other interest, directly or indirectly, in defendant TaxACT; and it is further 1 The accompanying Memorandum Opinion has been filed under seal to enable the parties to review it and to redact any confidential business information. Once the parties have had an opportunity to redact any confidential information, the Memorandum Opinion will be filed on the public docket. ORDERED that the defendants take any and all necessary steps to prevent any of their domestic or foreign agents, divisions, subsidiaries, affiliates, partnerships, and joint ventures from completing such acquisition, and from taking any steps or actions in furtherance thereof; and it is further ORDERED that the defendants return all confidential information received directly or indirectly from one another and destroy all notes relating to such information; and it is further ORDERED that the parties to this case shall review the Memorandum Opinion that accompanies this Order and shall redact any confidential business information that should not be disclosed publicly. The parties shall jointly contact Chambers on or before November 4, 2011 with any recommended redactions. DATED: October 31, 2011 Beryl A. Howell /s/ BERYL A. HOWELL United States District Judge

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