Intuit’s Buy of Digital Insight Cleared

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MOUNTAIN VIEW, Calif. – Intuit Inc. said yesterday that the Federal Trade Commission’s 30-day waiting period for its acquisition of Digital Insight under the Hart-Scott Rodino Antitrust Act had expired, basically clearing the deal for completion. Shareholders of Digital Insight will vote on the deal at a special meeting Feb. 6. Intuit has agreed to acquire Digital Insight, the provider of Internet banking services for more than 700 credit unions, for $39 a share, or about $1.35 billion.

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