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In poor health-Fated Harry’s Deal A Harbinger Of Investing Reset

Has the flashy “disrupter” label misplaced its luster? Have direct-to-consumer upstarts been downgraded or outmoded? Eyebrows rose when Edgewell Private Care Co., maker of Schick razor blades, introduced this week it deserted the $1.37 billion acquisition of Harry’s Inc., a born-on-the-internet DTC males’s and girls’s shaving firm. Some questioned antitrust...