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StocksDiva

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StocksDiva

Re: StocksDiva post# 11454

Tuesday, 05/27/2014 8:43:15 AM

Tuesday, May 27, 2014 8:43:15 AM

Post# of 11554
Ebix acquires Healthcare Magic; co paid $6 mln in cash for Healthcare Magic with a contingent earn out of up to $12.5 mln payable after 2 years (EBIX) :

Co announced that it has acquired Healthcare Magic -- a medical advisory service.
Ebix will integrate the services from this acquisition into its A.D.A.M. Health Division. Ebix funded this transaction using its internal cash reserves.
The Company paid $6 mln in cash for Healthcare Magic with a contingent earn out of up to $12.5 mln payable after 2 years.


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