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India's Yatra scraps merger deal with U.S. firm Ebix

June 5 (Reuters) - Indian travel services company Yatra Online Inc said on Friday it is terminating its pending merger agreement with U.S. software firm Ebix Inc and filed a litigation over Ebix's breach of agreement terms.

Ebix had agreed https://www.reuters.com/article/us-yatra-online-m-a-ebix/software-firm-ebix-offers-to-buy-indias-ticketing-firm-yatra-idUSKBN1QS1PU to buy Yatra for an enterprise value of $337.8 million in 2019. (Reporting by Ayanti Bera in Bengaluru; Editing by Devika Syamnath)