Form 8-K EBIX INC For: Nov 26
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Ebix (EBIX) Acquires Oakstone Publishing; Sees Immediate Accretion
December 2, 2014 7:32 AM ESTEbix (Nasdaq: EBIX) announced that it has acquired Alabama-based Oakstone Publishing, LLC, a leading provider of continuing education, certification materials for physicians, dentists and allied healthcare professionals, as well as wellness resources for organizations. Ebix also announced that Oakstone would be immediately integrated into its A.D.A.M. Health Information Exchange Division.
Under the terms of the agreement, Ebix has acquired all of the outstanding capital stock of Oakstone Publishing, LLC. Ebix funded the purchase using its internal cash reserves with no Ebix shares being issued. Ebix expects the transaction to be... More
