Wednesday, August 30, 2023

ACTION. Your Choice to voice concern or accept the offense.

Visions of one movie and it's effect.  A Soldiers Story. 

Part of the problem or part of the solution? 

ACTIONS (Suggested):

  1. Unsubscribe from any organizations utilizing the MailChimp platform
  2. Federal, State, County, City, township users should consider using other email distribution, or other MailChimp and INTUIT services until rename and rebranding takes place.
    1. Is the U.S. Treasury, IRS a promoter or endorses INTUIT products that includes MailChimp?  Can an alternate service be considered.
  3. If you use other INTUIT products,
    1. For the upcoming 2023 Tax filing INTUIT products connected to MailChimp may be utilized.
    2. Use alternate Tax filing software online, desktop products not in the INTUIT product line.


 INTUIT ESG (Environmental, Social, Governance) disclosures

Grace period from acquisition to end of 2023 for changes to take place based on copyright period.


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INTUIT acquisition of MailChimp 

Intuit confirms $12B deal to buy Mailchimp 


“….Intuit thinks that the deal “advances” its “powering prosperity around the world, and its strategy to become an AI-driven expert platform.”

Transaction Details

Intuit has closed the acquisition of Mailchimp for total consideration of approximately $5.7 billion in cash, 10.1 million shares of Intuit common stock with a fair value of approximately $6.3 billion (based on the October 29, 2021 closing stock price of $625.99 per share), and 573,000 restricted stock units that will be valued based on the November 1, 2021 closing stock price. Intuit will also grant approximately $200 million of restricted stock units to Mailchimp employees shortly after the closing.

Further transaction details can be found in the company’s Form 8-K filed with the SEC today.

Intuit funded the cash consideration through cash on hand and a $4.7 billion term loan under a new credit agreement.


Morgan Stanley & Co. LLC served as Intuit’s financial advisor, and Latham & Watkins LLP served as its legal advisor. Catalyst Partners served as Mailchimp’s exclusive financial advisor and King & Spalding LLP served as its legal advisor.

About Intuit

Intuit is a global technology platform that helps our customers and communities overcome their most important financial challenges. Serving approximately 100 million customers worldwide with TurboTaxQuickBooksMint and Credit Karma, we believe that everyone should have the opportunity to prosper. We never stop working to find new, innovative ways to make that possible. Please visit us for the latest information about Intuit, our products and services, and find us on social.

INTUIT family of products:    ((Nasdaq: INTU)

  • TurboTax
  • Credit Karma
  • QuickBooks
  • MailChimp





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