Intuit recent agreement to purchase the credit industry for 7 billion dollars

Intuit Inc. Close to an agreement to purchase financial portal of the credit industry company. About $ 7 billion in cash and stock, a move that will boost bookkeeping software giant further into the consumer financing, according to people familiar with the matter.

The manufacturer of the programmer can declare an agreement to purchase privately held credit card Mar Monday, assuming that the talks regardless of the disintegration and segregation, the people said. The credit industry is worth about 4 billion dollars of private equity for sale about two years ago.

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