NU Online News Service, Sept. 24, 10:57 a.m.EDT
|Aon Corp. said it plans to complete the acquisition of HewittAssociates Inc. on or about Oct. 1.
|In a statement today, the Chicago-based insurance broker saidthe planned merger is subject to "the satisfaction of customaryclosing conditions, including the receipt of certain regulatoryapprovals."
|Aon said in connection with the deal that Hewitt shareholdershave until Sept. 29 to elect the form of compensation they wish toreceive for their holdings. Those who do not designate theirallocation by the deadline will receive a combination of Aon stockand cash.
|Aon announced plans on July 11 to acquire Hewitt, a humanresource consulting and outsourcing solutions firm based inLincolnshire, Ill., for approximately $4.9 billion in stock andcash.
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