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Intuit Agrees to Buy Mailchimp for About $12 Billion

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TurboTax maker Intuit Inc. agreed to purchase email-marketing pioneer Mailchimp for about $12 billion, in a transfer aimed toward capitalizing on the expansion of small and midsize companies.

The cash-and-stock deal for intently held Mailchimp could be Intuit’s largest deal ever and set it as much as provide extra providers to small companies similar to advertising and marketing and customer-relationship administration.

https://www.wsj.com/articles/intuit-nears-deal-to-buy-mailchimp-11631562504?mod=pls_whats_news_us_business_f | Intuit Agrees to Purchase Mailchimp for About $12 Billion

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