Intuit in talks to buy Mailchimp for over $10 bln - Bloomberg News

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An Intuit office is shown in San Diego, California August 21, 2015. The tax-preparation software maker reported a fourth-quarter adjusted loss as expenses rose 17 percent and the company also forecast an adjusted loss for the current quarter. Intuit also said it plans to divest Demandforce, QuickBase and Quicken. REUTERS/Mike Blake

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Aug 31 (Reuters) - Intuit Inc (INTU.O), the developer of TurboTax and QuickBooks software, is in talks to buy email marketing company Mailchimp for more than $10 billion, Bloomberg News reported late Tuesday, citing people familiar with the matter.

No final decision has been made and discussions could fall through, the report said, adding that another buyer could also emerge for Mailchimp.

If talks are successful, it would be the largest deal to date for Intuit, according to the report.

Intuit did not immediately respond to Reuters' requests for a comment.

The Mountain View, California-based company delivered a 41% surge in its fourth-quarter revenue compared with a year-ago period.

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Reporting by Akriti Sharma in Bengaluru; Editing by Sherry Jacob-Phillips

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