Notable Mergers and Acquisitions of the Day 6/29: WW, ORCL/JAVA,...
- This weekend, Towers, Perrin, Forster & Crosby, Inc. and Watson Wyatt Worldwide, Inc. (NYSE: WW) announced a merger of equals to form a new, publicly listed company called Towers Watson & Co., with an implied equity value of the transaction of approximately $3.5 billion.
The merger will create one of the world's largest employee-benefits consultancy. Watson Wyatt CEO John Haley will serve the combined company as CEO and Towers Perrin CEO Mark Mactas will serve as President.
The companies see...
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