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US court rules against Bazaarvoice Inc's acquisition of PowerReviews-Reuters


Friday, 10 Jan 2014 12:41am EST 

Bazaarvoice Inc:A federal court ruled against Bazaarvoice Inc's $168.2 million acquisition of its main rival PowerReviews Inc, saying the deal could lead to one firm dominating the online product rating and review market, a court filing showed-Reuters.The U.S. Justice Department sued Bazaarvoice last year, calling the deal anticompetitive, and tried to force it to sell some assets.The ruling was entered in the federal court website late on Thursday. 

Company Quote

7.995
0.075 +0.95%
26 Dec 2014