Ebix Enters Into Merger Agreement to be Acquired by an Affiliate of Goldman Sachs for $20 Per Share in Cash

Ebix, (Nasdaq: EBIX ), a leading international supplier of On-Demand software and E-commerce services to the insurance industry, today announced that it has entered into a definitive merger agreement to be acquired by an affiliate of Goldman, Sachs & Co. ("Goldman Sachs") in a transaction valued at approximately $820 million, including the assumption of