More Wheeling And Dealing By Intuit: The developer of QuickBooks has acquired Management Reports Inc., a provider of business management software solutions for commercial and residential property managers. Intuit called its fourth key acquisition of fiscal 2002 another step in its Right for My Business strategy.

In a separate matter, Intuit sold its Quicken Loans mortgage business to the business’s founder and chairman, Dan Gilbert, and a group of local investors. "With Intuit’s business strategy focused more on the growing tax and small business markets, Quicken Loans was no longer a good strategic fit," said Steve Bennett, Intuit president and chief executive officer.

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