Deutsche Bank Downgrades Towers Watson (TW) to Hold

Go back to Deutsche Bank Downgrades Towers Watson (TW) to Hold

Piper Jaffray Cuts Price Target on Towers Watson (TW) Following Further Analysis of Willis Merger

July 2, 2015 7:08 AM EDT

Piper Jaffray maintains an Overweight rating on Towers Watson (NASDAQ: TW), and cut the price target to $152.00 (from $157.00), after a follow-up analysis on the Towers Watson-Willis merger. Analyst George Tong believes the merger generates strong strategic and financial value.

Tong commented, "Follow-up analysis on... More

BofA/Merrill Lynch Upgrades Willis Group (WSH) to Buy

July 1, 2015 7:13 AM EDT

BofA/Merrill Lynch upgraded Willis Group (NYSE: WSH) from Neutral to Buy with a price target of $55.00.

For an analyst ratings summary and ratings history on Willis Group click here. For more ratings news on Willis Group click here.

Shares of Willis Group closed at $46.90 yesterday.

... More

Willis Group (WSH), Towers Watson (TW) Enter ~$18B Merger Agreement

June 30, 2015 6:02 AM EDT

Willis Group (NYSE: WSH) and Towers Watson (Nasdaq: TW) announced the signing of a definitive merger agreement under which the companies will combine in an all-stock merger of equals transaction. Based on the closing prices of Willis and Towers Watson common stock on June 29, 2015, the implied equity value of the transaction is approximately $18 billion. The transaction has been unanimously approved by the Board of Directors of each company. The combined company will be named Willis Towers Watson.

Upon completion of the merger, terms of which are detailed below, Willis shareholders will... More