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Ebix Inc. (EBIX) Plunged To A New Low After Termination Of Merger Agreement

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

Ebix Inc. (EBIX) announced after the close Wednesday that it and an affiliate of Goldman Sachs & Co. (GS) have agreed to terminate their previously announced merger agreement.

Ebix gapped open dramatically lower Thursday, but traded in a range for the majority of the session. The stock closed down by 8.72 at $11.00 on the highest volume of the year. Ebix sank to a new low for the year.

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Global Economics Weekly Update - December 15-19, 2025

December 19, 2025 15:10 ET
U.S. inflation data and interest rate decisions by major central banks were the highlights of this busy week for economics news flow. Employment data and survey results on the housing markets also gained attention in the U.S. In Europe, the European Central Bank and Bank of England announced their policy decisions and macroeconomic projections.