Deal Snapshot
Intuit, Credit Karma Enter Consent Decree with US DOJ
Friday 27 November 2020

US-based software company Intuit (NASDAQ: INTU) and US-based consumer technology platform Credit Karma have entered into a consent decree with the US Department of Justice, an important step in completing their previously announced merger, the companies said.

The companies also announced that they have entered into an Assurance of Discontinuance with the New York State Attorney General that, along with the DOJ action, moves Intuit's acquisition of Credit Karma one step closer to closing, subject to the satisfaction of customary closing conditions.

Date Published: 27/11/2020