Willis Increases Towers Offer to $8.9 Billion to Win Support

Updated on
  • One-time special dividend raised to $10 a share from $4.87
  • Towers Watson says new shareholder meeting to occur by Dec. 16

Willis Group Holdings Plc, the third-largest insurance broker, agreed to better terms for Towers Watson & Co. shareholders in a proposed merger after the consulting firm’s investors said that a June agreement was inadequate.

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