Ebix (EBIX) Acquires Oakstone Publishing; Sees Immediate Accretion
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Ebix Enters the Health Continuing Education and Wellness Markets by Acquiring Birmingham-Based Oakstone Publishing, LLC
December 2, 2014 7:30 AM ESTATLANTA, Dec. 2, 2014 (GLOBE NEWSWIRE) -- Ebix, Inc. (Nasdaq: EBIX), a leading international supplier of On-Demand software and E-commerce services to the insurance, financial and healthcare industries, today 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... More
