Square buys Credit Karma Tax unit from Intuit for $50M and will integrate its free tax filing service into Cash App
TheStreet Dan Weil
Related Coverage
- Justice Department Requires Divestiture of Credit Karma Tax for Intuit to Proceed with Acquisition of Credit Karma U.S. Department of Justice
- SQ Stock Rises 5%, Square to Acquire Credit Karma Tax for $50M Cash coinspeaker.com
- Square Agrees to Buy Credit Karma's Tax Preparation Service for $50M CoinDesk
- Square stock smashes new highs on Credit Karma Tax acquisition Finbold
- Cash App Announces Definitive Agreement to Acquire Credit Karma Tax Square
- Happy Thanksgiving From FTT Fintech Today
- Square to buy Credit Karma's Tax business to beef up Cash App PaymentsSource
- DOJ Forces Credit Karma To Sell Tax Unit To Square To Clear $7.1 Billion Takeover By Intuit Forbes
- Square to buy Credit Karma tax biz for Cash App expansion Finextra
- Square to acquire Credit Karma's tax business to expand Cash App ZDNet
- Credit Karma To Divest Tax Unit To Square In $7.1B Merger With Intuit PYMNTS.com
- DOJ wants Intuit to sell Credit Karma's tax unit, sources tell CNBC CNBC
- Jack Dorsey's Square buys Credit Karma's tax filing service for $50M Modern Consensus
Discussion
-
@carnage4life
Dare Obasanjo
on x
The DOJ is forcing Intuit to sell off Credit Karma's tax business as a condition of the acquisition ($50M out of a $7.1B sale). Square will purchase the tax business to add to Cash app. Interesting to see what effects of a more active anti-monopoly regime https://www.thestreet.co…
-
@techchronicle
@techchronicle
on x
Square said Wednesday that it is buying Credit Karma's tax business for $50 million. The deal eases concerns of federal regulators about Intuit's $7.1 billion purchase of Credit Karma, which was cleared by the Justice Department Wednesday.