Aon buying Hewitt for $4.9B in cash, stock
by Associated Press Published: July 12,2010
Tags: humar resources, insurance, mergers and acquisitions, Third-party administrators
CHICAGO — Insurance broker Aon Corp. said today it agreed to buy human resources company Hewitt Associates for $4.9 billion in cash and stock to expand its consulting operations. The insurance broker will pay $50 per Hewitt share. That is a 41 percent premium from Hewitt’s closing price Friday of $35.40. Aon, based in Chicago, [...] [...]
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