$1.4 billion deal for Harry’s razors to be bought by Schick’s parent company squashed amid resistance by FTC

Talk about a razor burn.

The corporation behind Schick razors has cut its plan for a $1.37 billion deal to obtain another prominent shaving products company, Harry’s Inc, amid resistance from the Federal Trade Commission, according to CNBC.

The FTC had been against the move due to concerns about...