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Wednesday, November 20, 2013

BRIEF-Intuit to acquire privately held Prestwick Services, (NASDAQ: INTU)

Intuit Inc : * To acquire workers' compensation payment solutions provider prestwick services * Says signed a definitive agreement to acquire privately held prestwickservices, a subsidiary of prestwick holdings * Transaction expected to close Q2 of fiscal year 2014, which ends January 31,and is subject to customary closing conditions * Source text for Eikon * Further company coverage

Intuit Inc. (Intuit) is a provider of business and financial management solutions for small businesses, consumers, accounting professionals and financial institutions. Shares of INTU traded higher by 0.03% or $0.02/share to $73.38. In the past year, the shares have traded as low as $55.54 and as high as $73.94. On average, 2131720 shares of INTU exchange hands on a given day and today's volume is recorded at 704573.



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