INTUIT AVOIDS A FIGHT?

There's got to be more going on with Intuit's announcement that will nominate David H. Batchelder to its board of directors to replace former CEO Stephen Bennett, who chose not to stand for re-election. The press release was a simple announcement, but the documents filed with the SEC show it wasn't that simple. Batchelder is a principal with Relational Investors, an investment firm which does not show up on public documents as a major shareholder in Intuit.

 

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