Ebix Acquires E-Z Data For $50.3 Million
Stock quotes in this article:
EBIX
ATLANTA (AP) Software supplier Ebix Inc. said Thursday that it acquired software maker E-Z Data Inc. in a cash-and-stock deal valued at $50.3 million.
Ebix, which provides software to insurers, said the deal was completed Thursday. E-Z Data, based in California, makes Web-based software for life insurance companies and financial advisers. Atlanta-based Ebix said half the deal will be paid for in cash while the other half will be paid with nearly 500,000 Ebix shares. Ebix shares climbed 29 cents to $55.65 in morning trading Thursday.- Loading Comments...
- Loading Comments...
Recent Comments
Featured Photo Galleries
Connect with TheStreet
 |
 |
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,440.29 | 1,108.50 | 2,190.77 | 33.66 |
Oil *
78.26
|
|
DOWN
12.39
|
DOWN
0.74
|
UP
5.74
|
UP
0.43
|
10 Yr
3.37%
SPDR Gold
118.74
|
|
-0.12%
|
-0.07%
|
+0.26%
|
+1.29%
|
Data delayed 20 minutes |
