Intuit to Buy Mailchimp for $12 Billion in Cash and Stock

Mailchip never took outside investment, which likely makes this one of the largest exits in the technology sector. Gary Hider/Dreamstime Text size Tax and accounting software giant Intuit announced a deal to acquire email marketing provider Mailchimp for about $12 billion in cash and stock. Intuit (ticker: INTU), which owns […]

Former Wirecard CEO Markus Braun was arrested for a 2nd time in relation to the company’s $2 billion accounting scandal

2020 07 09T000000Z_470162734_RC2LPH9XW46N_RTRMADP_3_WIRECARD ACCOUNTS COLLAPSE.JPG Reuters Wirecard’s former chief executive Markus Braun has been rearrested in Munich as German prosecutors dug deeper into allegations of fraud at the fintech firm. Two other executives — revealed by the Financial Times as Wirecard’s former finance boss, Burkhard Ley, and Stephan von Erffa, […]

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