Ebix Inc. (EBIX) announced Wednesday morning that it agreed to be acquired by an affiliate of Goldman Sachs & Co. (GS) for $20 per share in cash, in a transaction valued at approximately $820 million.
Ebix is now up 2.34 at $20.95, following a brief halt, and has climbed to a 6-month high.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.