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Harry's had plans to sell for $1.4 billion before the government moved to kill the deal. Some are speculating that its biggest rival could be partly responsible for the acquisition falling apart.

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The acquisition of razor startup Harry's fell apart this week after a government agency sued to block the $1.4 billion sale to conglomerate Edgewell. But there's some speculation that Harry's bigger rival, Procter & Gamble, shares responsibility for the deal falling apart. At the time, some analysts said Coca-Cola's planned acquisition was part of a plot to torpedo the Pepsi deal. "For years, Edgewell and Procter & Gamble faced little competition on store shelves, and prices rose steadily as a result," Francis wrote. Salop also pointed out that the timeline doesn't support the argument that Procter & Gamble bought a company to scuttle a rival's deal.

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