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Intuit plans to pay about $12 billion in cash and stock for email and marketing software company, Mailchimp. This follows the December acquisition of Credit Karma for $7.1 billion.

It seems an obvious statement, but these two deals make Intuit a much broader company than just tax and accounting and you have to wonder if there’s anything else to be sought for completing this vision. There is the goal that has been repeated that Intuit wants to be a part of every transaction. To buy Mailchimp, Intuit will raise about $4.5 billion to $5 billion for the cash through a debt issuance in addition to utilizing cash on hand.  Intuit will assume $300 million in Mailchimp employee transaction bonuses through restricted stock units with the rest of the acquisition being paid for through Intuit common stock. Intuit will issue another $200 million in restricted stock units to Mailchimp employees after the deal closes.

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