Stock Market & Financial Investment News

News Breaks February 22, 2013 07:34 EDT EBIX Ebix responds to Seeking Alpha blog, says filing complies with SEC requirements Ebix issued a response to the report appearing in the Seeking Alpha blog yesterday. In a statement, the company said, "The company has reviewed the unsubstantiated report released on February 21. Management believes that to the best of its knowledge Ebix's financial reporting, including, among other things, the company's accounting for and reporting of intercompany loans, is appropriate and complies with all SEC reporting requirements." News For EBIX From The Last 14 Days Check below for free stories on EBIX the last two weeks. Sign up for a free trial to see the rest of the stories you've been missing. June 19, 2013 19:28 EDT EBIX Ebix, Goldman Sachs affiliate terminate merger agreement Ebix (EBIX) announced that it and an affiliate of Goldman Sachs (GS) have agreed to terminate their previously announced merger agreement. The merger agreement, announced on May 1, had provided for Ebix to be acquired by an affiliate of Goldman Sachs. The decision to terminate the merger agreement was the result of a letter received by Ebix on June 14 from the U.S. Attorney for the Northern District of Georgia that it had opened an investigation into allegations of intentional misconduct that had been brought to its attention from the pending shareholder class action lawsuits against the company's directors and officers, the media and other sources. The merger agreement is being terminated without payment of a termination fee by either party and each party and certain significant shareholders of Ebix and each of their respective affiliates have agreed to release each other from all claims arising under or related to the terminated merger agreement and related transaction agreements. Ebix's board of directors announced that it intends to continue to evaluate strategic options for the company. June 12, 2013 12:48 EDT EBIX Options with increasing implied volatility: ACAD EBIX ELN Subscribe for More Information June 11, 2013 13:34 EDT EBIX Options with increasing implied volatility: EBIX LIFE SFD Sign up for a free trial to see the rest of the stories you've been missing.