Intuit to Buy Mailchimp for $12 Billion in Cash and Stock

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Updated Sept. 13, 2021 6:00 p.m. ET / Original Sept. 13, 2021 5:31 p.m. ET

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Mailchip ne'er took extracurricular investment, which apt makes this 1 of the largest exits successful the exertion sector.

Gary Hider/Dreamstime

Tax and accounting bundle elephantine Intuit announced a woody to get email selling supplier Mailchimp for astir $12 cardinal successful currency and stock.

Intuit (ticker: INTU), which owns the TurboTax, QuickBooks, Mint, and Credit Karma fiscal services brands, said the woody advances its propulsion to supply concern services to small- and mid-market companies.

“Together,...


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