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Friday, November 22, 2013

BRIEF-Towers Watson buys Liazon for about $215 mln, (NYSE: TW)

Towers Watson & Co : * Acquires Liazon to expand private benefit exchange offerings through multiple channels * Says the purchase price is $215 million * Says deal anticipated to be dilutive to adjusted EPS by approximately $0.10

Towers Watson & Co. (Towers Watson) is a global professional services company. Shares of TW remained unchanged at $111.57. In the past year, the shares have traded as low as $50.29 and as high as $118.73. On average, 696002 shares of TW exchange hands on a given day and today's volume is recorded at 0.