TW SHAREHOLDER ALERT: The Law Offices of Vincent Wong Launches an Investigation of the Board of Directors of Towers Watson Regarding the Merger of the Company with Willis Group Holdings -- TW
Jun 30, 2015, 04:48 ET
NEW YORK, June 30, 2015 /PRNewswire/ -- The Law Offices of Vincent Wong are investigating potential claims against the Board of Directors of Towers Watson (NASDAQ: TW) ("Towers Watson" or "the Company") in connection with the merger of the Company with Willis Group Holdings (NYSE: WSH).
Click here to learn about the case: http://docs.wongesq.com/TW-Info-Request-Form-780. There is no cost or obligation to you.
Under the terms of the transaction, Towers Watson shareholders will receive 2.6490 Willis shares for each share of Towers Watson they own, as well as a one-time cash dividend of $4.87 per share. If approved, Willis will also implement a 2.6490 for one reverse stock split, such that one Willis share will be converted into 0.3775 shares of the post-merger entity; if this is approved, Towers Watson shareholders will receive one share of the post-merger entity for each Towers Watson share they own. The investigation concerns whether the Board of Towers Watson breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether Willis Group Holdings is underpaying for Towers Watson shares. Towers Watson shareholders will own approximately 49.9% of the combined company.
If you own common stock in Towers Watson and wish to obtain additional information, please contact Vincent Wong, Esq. either via email [email protected], by telephone at 212.425.1140, or visit http://docs.wongesq.com/TW-Info-Request-Form-780.
Vincent Wong, Esq. is an experienced attorney that has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.
Vincent Wong, Esq.
39 East Broadway
New York, NY 10002
E-Mail: [email protected]
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SOURCE The Law Offices of Vincent Wong
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