Nov 4 (Reuters) - Healthaxis Inc:
* Board of directors declines latest Ebix offer
* Says latest proposal from Ebix is not in the best interests of company
* Says latest proposal is not reasonably likely to lead to offer that is
superior to proposed merger with BPO Management Services Inc
((Bangalore Equities Newsroom; +91 80 4135 5800; within U.S. +1 646 223 8780))
(For more news, please click here) COPYRIGHT Copyright Thomson Reuters 2008. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
* Board of directors declines latest Ebix offer
* Says latest proposal from Ebix is not in the best interests of company
* Says latest proposal is not reasonably likely to lead to offer that is
superior to proposed merger with BPO Management Services Inc
((Bangalore Equities Newsroom; +91 80 4135 5800; within U.S. +1 646 223 8780))
(For more news, please click here) COPYRIGHT Copyright Thomson Reuters 2008. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.