Towers Watson shareholders have spoken — now it’s Willis’ turn.
On Thursday, both companies announced an amendment to the June 30 agreement between the two firms, which originated as an all-stock, $18 billion merger. Under the revised deal, Towers Watson shareholders will receive a one-time cash dividend of $10 per share — an increase of $5.13 per Towers Watson share from the original agreement. “The revised transaction terms have been unanimously approved by each company’s board of directors,” according to a Willis news release.