Brief: Ebix Says Considering Options, Including Countersuit Against Yatra, On Account Of Breaches Of Merger Agreement

Yatra Online

08/06/2020 14:40

June 8 (Reuters) - Ebix Inc  EBIX.O :
    * EBIX STATEMENT ON TERMINATION OF MERGER AGREEMENT WITH
YATRA
    * EBIX INC - CURRENTLY CONSIDERING ALL OPTIONS, INCLUDING A
COUNTERSUIT AGAINST YATRA, ON ACCOUNT OF MULTIPLE BREACHES OF
MERGER AGREEMENT
    * EBIX INC - INTENDS TO ENFORCE ALL OF ITS RIGHTS UNDER
MERGER
AGREEMENT

Source text for Eikon:  ID:nGNX6ZfBxZ 
Further company coverage:  EBIX.O 

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