Friday, January 19, 2007

Intuit, Digital Insight Announce Hart-Scott-Rodino Expiration

Mountain View-based Intuit and Calabasas-based Digital Insight announced Thursday that the firms have passed the 30-day waiting period required under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, over the proposed acquisition of Digital Insight by Intuit. The firms said Digital Insight stockholders will vote on the proposed merger on February 6. Intuit agreed to acquired Digital Insight in November for $1.35B in cash.

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