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A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
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Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
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A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
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Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
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Go deeper on emerging topics, as well as key firms and thought leaders
A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
Tax Facts
Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
Popular Financial Topics
Go deeper on emerging topics, as well as key firms and thought leaders
September 24, 2010 at 08:00 PM
Aon Corp. hopes to complete its acquisition of Hewitt Associates Inc. on or about Oct. 1.
Aon, Chicago (NYSE:AON), an insurance broker with a large consulting arm, announced plans in July to acquire Hewitt, Lincolnshire, Ill. (NYSE:HEW), a human resources consulting and benefits administration firm, for about $4.9 billion in cash and stock.
Aon says it and Hewitt still need some regulatory approvals but hope to close on the deal in about a week.
Hewitt shareholders have until 5 p.m. EDT Sept. 29 to say whether they prefer to get paid for their Hewitt shares with cash, Aon stock or a combination of cash and Aon stock. Hewitt shareholders who do not submit election forms will get 0.6362 of a share of Aon common stock and $25.61 in cash per Hewitt share.
-ab
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