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Corporate

Jul. 3, 2013

Latham helps Intuit sell its financial services arm

Latham & Watkins LLP is representing Westlake Village-based financial software developer Intuit Inc. in the pending sale of its financial services business to private equity firm Thoma Bravo LLC.


By Dominic Fracassa


Daily Journal Staff Writer


PALO ALTO - Latham & Watkins LLP is representing Intuit Inc. in the pending sale of its financial services business to private equity firm Thoma Bravo LLC, one in a number of recent divestitures in the market as companies seek to streamline their offerings.


The deal, announced Monday, is valued at $1.025 billion and expected to close in the next few months.


Menlo Park-based Latham ...

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