Towers Watson Announces Amended Terms to Merger Agreement with Willis
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Towers Watson (TW) Shareholder Driehaus Capital Urges Willis Group (WSH) to Revise Its Offer
November 19, 2015 2:01 PM ESTDriehaus Capital Management, a Chicago-based investment adviser of funds that own 1,175,113 shares of Towers Watson & Company (NASDAQ:... More
Towers Watson (TW) Announces Amended Merger Agreement With Willis (WSH); Special Dividend to Increase to $10/Share
November 19, 2015 8:50 AM ESTTowers Watson & Co. (NASDAQ: TW), a global professional services company, today announced that it has agreed to amend its previously announced merger agreement with Willis Group Holdings (NYSE: WSH) (Willis). Under the amended merger agreement, which has been unanimously approved by the Towers Watson Board of Directors, the one-time cash dividend to be paid to Towers Watson stockholders will be increased to $10.00 per Towers Watson share. This dividend will be paid to Towers Watson stockholders of record three days prior to the closing of the transaction.
John Haley,... More
