Meta puts hold on Within purchase amid FTC lawsuit - report
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Meta Platforms (NASDAQ:META) has agreed to put a hold on its planned acquisition of VR app maker Within amid a lawsuit from the Federal Trade Commission looking to block the deal, Bloomberg reports.
Company and government lawyers have told U.S. District Judge Edward Davila that the acquisition won't close until Jan. 1 or the court rules on an injunction blocking the deal, whichever comes first.

The parties will hold a scheduling conference next week on the matter.
Within is the maker of popular virtual-reality subscription fitness app Supernatural.

The FTC moved to sue over the $400M deal last week, and the commissioners, led by chair Lina Khan, reportedly overruled recommendations of staff in pursuing the suit.