Hi, Gang.
Maybe most of you already knew this, but it was news to me today!
SAN FRANCISCO (MarketWatch) -- Intuit Inc. (INTU:Intuit Inc
4:00pm 12/20/2007INTU 30.43, +0.34, +1.1%) said late Wednesday it signed a definitive agreement to buy Electronic Clearing House, a provider of electronic payment processing services. Under the terms of the deal, Intuit will pay $17 a share in cash for Electronic Clearing House, including shares issuable upon exercise of options, for a total of about $131 million on a fully diluted basis, according to Intuit. The two companies had signed a similar agreement in December 2006 but the parties mutually terminated that deal in March.
Do you suppose this will help or hurt our frequent problems will late or missing daily stock quotes in One Step Update?
RC