(Bloomberg) -- Intuit Inc. is nearing a deal to buy Credit Karma for about $7 billion in cash and stock, the Wall Street Journal reported, citing unidentified people familiar with the matter.
The deal could be announced by Monday if talks don’t fall apart, the report said. Under current negotiations, Credit Karma would operate as a stand-alone unit with its CEO Kenneth Lin staying in charge, one person told the paper.
NOTE: Credit Karma Changed Its Approach to Gain Customer Trust
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