NEW YORK, July 1, 2015 /PRNewswire/ -- Morgan & Morgan announces that it is investigating potential claims against the board of directors of Towers Watson & Co. ("Towers Watson" or the "Company") (NasdaqGS: TW) for potential breaches of fiduciary duties in connection with the sale of the Company to Willis Group Holdings PLC for approximately $18 billion.
If you purchased Towers Watson stock, and want more information about the Towers Watson takeover investigation, please contact Morgan & Morgan at 1(800) 732-5200 or email email@example.com.
Under the terms of the transaction, Towers Watson stockholders will only receive $4.87 in cash and 2.6490 Willis shares for each Towers Watson share of common stock they own. The total deal consideration per share would be approximately $125.13 per share of Towers Watson. However, at least on analyst has set a price target of $157.00 per share of Towers Watson.
Morgan & Morgan's investigation concerns whether the board of directors of Towers Watson breached its fiduciary duties to act in the best interests of Towers Watson shareholders.
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