BRIEF-Ebix Reaches 'Stalking Horse' Sale Agreement for Life Insurance and Annuity Business with Zinnia

Reuters2023-12-18

Dec 18 (Reuters) - Ebix Inc :

* EBIX REACHES "STALKING HORSE" SALE AGREEMENT FOR LIFE INSURANCE AND ANNUITY BUSINESS WITH ZINNIA TO ENSURE SUCCESSFUL RECAPITALIZATION EFFORTS

* EBIX INC: SECURES NEW FINANCING TO SUPPORT RESTRUCTURING PROCESS

* EBIX INC: "STALKING HORSE" AGREEMENT TO SELL ITS NORTH AMERICAN LIFE AND ANNUITY ASSETS TO ZINNIA

* EBIX INC: UNDER TERMS OF ASSET PURCHASE AGREEMENT, ZINNIA WILL PAY $400 MILLION

Source text for Eikon: Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2392961659?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2023-12-18 19:14","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2392961659","market":"us","top_or_hot":-1,"title":"BRIEF-Ebix Reaches 'Stalking Horse' Sale Agreement for Life Insurance and Annuity Business with Zinnia","media":"Reuters","content":"<html><body><p>Dec 18 (Reuters) - Ebix Inc   :</p><p>   * EBIX REACHES \"STALKING HORSE\" SALE AGREEMENT FOR LIFE INSURANCE AND ANNUITY BUSINESS WITH ZINNIA TO ENSURE SUCCESSFUL RECAPITALIZATION EFFORTS</p><p>   * EBIX INC: SECURES NEW FINANCING TO SUPPORT RESTRUCTURING PROCESS</p><p>   * EBIX INC: \"STALKING HORSE\" AGREEMENT TO SELL ITS <a href=\"https://laohu8.com/S/NAIT.UK\">NORTH AMERICAN</a> LIFE AND ANNUITY ASSETS TO ZINNIA</p><p>   * EBIX INC: UNDER TERMS OF ASSET PURCHASE AGREEMENT, ZINNIA WILL PAY $400 MILLION</p><p>Source text for Eikon:    Further company coverage:   </p><p> ((Reuters.Briefs@thomsonreuters.com;))</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BRIEF-Ebix Reaches 'Stalking Horse' Sale Agreement for Life Insurance and Annuity Business with Zinnia</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBRIEF-Ebix Reaches 'Stalking Horse' Sale Agreement for Life Insurance and Annuity Business with Zinnia\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-12-18 19:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Dec 18 (Reuters) - Ebix Inc   :   * EBIX REACHES \"STALKING HORSE\" SALE AGREEMENT FOR LIFE INSURANCE AND ANNUITY BUSINESS WITH ZINNIA TO ENSURE SUCCESSFUL RECAPITALIZATION EFFORTS   * EBIX INC: SECURES...</p>\n\n<a href=\"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4023","symbol_name":"应用软件","start_time":0,"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","article_id":"2392961659","we_media_id":"1036604489","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2392961659","pubTimestamp":1702898087,"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"summary":"Dec 18  - Ebix Inc   :   * EBIX REACHES \"STALKING HORSE\" SALE AGREEMENT FOR LIFE INSURANCE AND ANNUITY BUSINESS WITH ZINNIA TO ENSURE SUCCESSFUL RECAPITALIZATION EFFORTS   * EBIX INC: SECURES NEW FINANCING TO SUPPORT RESTRUCTURING PROCESS   * EBIX INC: \"STALKING HORSE\" AGREEMENT TO SELL ITS NORTH AMERICAN LIFE AND ANNUITY ASSETS TO ZINNIA   * EBIX INC: UNDER TERMS OF ASSET PURCHASE AGREEMENT, ZINNIA WILL PAY $400 MILLIONSource text for Eikon:    Further company coverage:    ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4023":"应用软件"},"translate_title":"简介—Ebix与百日菊达成人寿保险和年金业务的“跟踪马”销售协议","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"EBIX":1},"content_text":"Dec 18 (Reuters) - Ebix Inc   :   * EBIX REACHES \"STALKING HORSE\" SALE AGREEMENT FOR LIFE INSURANCE AND ANNUITY BUSINESS WITH ZINNIA TO ENSURE SUCCESSFUL RECAPITALIZATION EFFORTS   * EBIX INC: SECURES NEW FINANCING TO SUPPORT RESTRUCTURING PROCESS   * EBIX INC: \"STALKING HORSE\" AGREEMENT TO SELL ITS NORTH AMERICAN LIFE AND ANNUITY ASSETS TO ZINNIA   * EBIX INC: UNDER TERMS OF ASSET PURCHASE AGREEMENT, ZINNIA WILL PAY $400 MILLIONSource text for Eikon:    Further company coverage:    ((Reuters.Briefs@thomsonreuters.com;))","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2392961659"}