Willis shakes off merger class actions

Willis and Towers Watson have largely avoided the repercussions of
five shareholder class actions brought in the wake of their $18bn
tie-up.
The suits were filed amid a protracted takeover battle that saw
Towers Watson shareholders threaten to block an offer from the big
three broker.
Faced with a backlash from Towers Watson investors, Willis was
forced to increase its initial $4.87 per share special dividend to
$10 to get the deal across the line at a shareholder vote in...