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Ebix Inc. Message Board

  • vanheus44 vanheus44 Jun 21, 2013 2:26 PM Flag

    They were successful with a triple trashing

    Now the long run back to $20, but it may take two months.

    Sentiment: Strong Buy

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    • Goldman was just the best offer, but not the only offer, and at the time the stock was double the current price.

      “After considering a number of potential alternatives, the Ebix board, acting on the recommendation of a special committee comprised entirely of independent directors, unanimously approved this transaction, which provides significant and immediate value to shareholders,” said Robin Raina, Chairman and Chief Executive Officer of Ebix. “With our market-leading servicing platforms and talented team of insurance and technology professionals, Ebix will be well-positioned as a private company to continue to execute on our strategic initiatives and pursue growth opportunities around the world.”

45.97+0.71(+1.57%)May 27 4:00 PMEDT