Intuit acquiring Electronic Clearing House Inc.

AddThis Feed Button

December 20th, 2007 Leave a comment Visited 30 times, 1 so far today

Intuit acquiring Electronic Clearing House Inc.

Intuit Inc. has announced that they are now acquiring Electronic Clearing House Inc.

The deal is worth around $131 million and it would be conducted in a cash only transaction.

Intuit further said that they are expecting this acquisition deal to be slightly dilutive in fiscal 2008 and 2009.

Intuit

Incidentally, they had earlier tried to acquire the company in 2006. But the two companies later on mutually terminated that deal.





TechWhack on Facebook

This website uses IntenseDebate comments, but they are not currently loaded because either your browser doesn't support JavaScript, or they didn't load fast enough.

Leave a Comment

Related Posts

Popular Posts

blank