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Ebix to be acquired by Goldman affiliate

May 3, 2013 by Michael K. Stanley

Ebix Inc. announced that it has entered into a definitive merger agreement to be acquired by an affiliate of Goldman Sachs & Co.

The transaction is valued at around $820 million including the assumption of any outstanding debt. In order to facilitate Ebix’s shift into a private company, Ebix shareholders will receive $20 per share in cash. Click here to read…

Originally Posted at LifeHealthPro on May 2, 2013 by Michael K. Stanley.

Categories: Industry Articles