Ebix, Goldman Sachs Merger Terminated

Government investigation abruptly stalls plans for insurance industry software provider.

INN Breaking News, June 20, 2013

Justin Stephani

Ebix Inc., an international supplier of on-demand software and e-commerce services to the insurance industry, announced that its merger agreement with an affiliate of Goldman, Sachs & Co. has been terminated. Both parties agreed to the termination of the deal, which was originally announced May 1, 2013.

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