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Intuit to Buy Digital Insight

Intuit Inc. said Thursday that it has agreed to buy Internet banking services provider Digital Insight Corp. for $1.35 billion in cash.

Local Layoffs to Follow Sale of Intuit Unit

The sale of the financial services division of Intuit Inc. to a private equity firm will result in layoffs of 65 workers in Woodland Hills, the company said.

Electronic Clearing House Soars on Deal

Shares in payment processing provider Electronic Clearing House Inc. more than doubled Thursday morning after Intuit Inc. agreed to buy the Camarillo-based company for about $131 million in stock.

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