Close the acquisition of Credit Karma
Delivered by the deadline
AI-confirmed · human review in progress Independent AI checks agreed on primary SEC or regulator evidence. Records are now being reviewed by hand, starting with those our customers order.
- Announced
- 24 Feb 2020
- Due
- 31 Dec 2020
- Deadline
- Met
- Late
- Not met
- Today
What the company said
“The transaction is expected to close in the second half of calendar year 2020, subject to receipt of required regulatory approvals and satisfaction or waiver of other customary closing conditions.”
What we found
Evidence strength A What the grades mean
Intuit completed the acquisition of Credit Karma, as evidenced by financial reporting in subsequent filings that include Credit Karma's results and transaction costs.
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A Intuit Inc. 10-Q filed 2021-02-23
“We acquired Credit Karma for total consideration of $8.1 billion” ✓ confirmed on the page
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A Intuit Inc. 10-Q filed 2021-05-25
“We have included the financial results of Credit Karma in the condensed consolidated financial statements from the date of acquisition.” ✓ confirmed on the page
Market reaction: the shares moved -2.2% against the S&P 500 over the three sessions around the disclosure (22 Feb 2021 to 25 Feb 2021). What this measures
Checked 1 Oct 2026.
Commitment DNA
The structured record of this commitment. Fields the company did not state are left blank rather than guessed.
- Event type
- Acquisition close
- Indicative materiality
- High rules
- Action
- Close
- Deliverable
- acquisition of Credit Karma
- Language
- Expected (“expects”, “plans”)
- In the company’s control
- Medium
- Specificity
- High
- Conditional
- Yes: receipt of required regulatory approvals; satisfaction or waiver of other customary closing conditions
- Depends on
- Regulatory, Counterparty
How this entry was checked
- Commitment recordedThe company's words were matched word for word against the filing.
- First checkAn AI model, Gemini (Google), read the company's later filings and recorded the outcome with a quoted passage.
- Second check: agreesA different AI model, Claude (Anthropic), re-read the evidence without being told the outcome and reached the same answer.
Confirmed. This outcome counts towards the company's Kept Score. How verification works
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Report an error in this entry Reference: KI-C-2020-INTU-002257 · Corrections policy