INTUIT INVESTOR SELLS SHARES
- Thursday, 15 September 2011
- News and Analysis
Relational Investors, which said it would sharply cut its Intuit stock position, has sold 4.3 million shares of Intuit common stock for about $204.6 million. The trades were executed from September 6 through September 13 at prices ranging from $46.63 per share to $47.55 per share. The shares were sold in the name of David H. Batchelder, the firm’s partner who holds a seat on the Intuit board of directors.
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