Business

Intuit Agrees to Buy Mailchimp for About $12 Billion

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 carefully held Mailchimp can be Intuit’s largest deal ever and set it as much as supply extra companies to small companies similar to advertising and customer-relationship administration.

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

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