On Air Now

Current Show

Coast to Coast AM   12:00 AM - 5:00 AM

Contact Coast to Coast AM at 1-800-825-5033

Show Info »

Upcoming Shows

Program Schedule »

Listen

Listen Live Now » 550 AM Wausau, WI 99.9 FM Stevens Point, WI

Weather

Current Conditions(Wausau,WI 54403)

More Weather »
35° Feels Like: 27°
Wind: SSE 10 mph Past 24 hrs - Precip: 0”
Current Radar for Zip

Tonight

Partly Cloudy 31°

Tomorrow

Partly Cloudy/Wind 60°

Sun Night

Thundershowers 49°

Alerts

Goldman Sachs affiliate to buy insurance software maker Ebix for $743 million

(Reuters) - Ebix Inc, which makes software for insurance companies, said it agreed to be acquired by an affiliate of Goldman Sachs & Co for about $743 million.

The offer price of $20 per share represents a 7.5 percent premium to Ebix's Tuesday close on the Nasdaq.

The total value of the deal is $820 million, including debt.

(Reporting by Sayantani Ghosh in Bangalore; Editing by Supriya Kurane)

(This story corrects paragraph 2 to say that the offer is at a premium of 7.5 percent, not 2.6 percent)

Comments