Microsoft And Intuit May Not Do It

IS THE MICROSOFT-INTUIT deal a goner? Could be. Some company insiders are already resigned to a thumbs-down from the feds for antitrust reasons. Wall Street speculation is rife. Ominously, the Justice Dept. already is deep into a rare second round of fact-finding on the $1.5 billion deal. That has in turn forced Intuit, the leader in personal financial software, to extend its deadline for approval of the buyout by two months, to May 30.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.