Replies to post #11454 on StocksDiva Bio Bin

[StocksDiva]

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.