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Ebix shares are trading lower after the company and certain US affiliates filed for protection under Chapter 11 and reached a stalking horse agreement to sell its North American Life and Annuity assets to Zinnia.

ByQuantisnow·Wall Street's wire, on your screen.
EBIX· Ebix Inc.
Technology

This insight was delivered by - Wall Street's wire, on your screen. Quantisnow is a real-time market data and news platform for retail investors, aggregating SEC filings, FDA approvals, analyst ratings, insider trading, and press releases into a single customizable feed. Track EBIX (Ebix Inc.) and more on Quantisnow.