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Ebix Shares Continue Lower Despite Response to Seeking Alpha Blog

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Ebix, Inc. (Nasdaq: EBIX) today issued a response to the Report appearing in the Seeking Alpha blog yesterday. In a statement, the Company said –

The Company has reviewed the unsubstantiated report released on February 21, 2013. Management believes that to the best of its knowledge Ebix's financial reporting, including, among other things, the Company's accounting for and reporting of intercompany loans, is appropriate and complies with all SEC reporting requirements.

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