Towers Watson Willis merger News

Appeals Court Won’t Revisit Towers Watson $80M D&O Denial for Willis Merger Lawsuits

A federal appeals court has denied insurance broker Towers Watson a rehearing of a May ruling that found it may not be entitled to $80 million in insurance to cover settlements of shareholder lawsuits related to the merger between Towers …

Towers Watson and Willis Shareholders Approve $8.9 Billion Merger Deal

Towers Watson & Co. won approval from its shareholders for an $8.9 billion merger with insurance broker Willis Group Holdings Plc, overcoming opposition from proxy advisers. Willis shareholders also supported the combination, according to a joint statement from the companies …

WSJ: Towers Watson CEO Haley Sold Shares During Willis Merger Talks

Towers Watson & Co. Chief Executive John Haley sold shares in the human resources consultancy for a profit of about $9.7 million while the company was discussing a merger with Willis Group Holdings, the Wall Street Journal reported. The announcement …