Willis Group Holdings Limited said today that the U.S. Federal Trade Commission has cleared review of Willis’ pending $2.1 billion acquisition of Hilb Rogal & Hobbs under the Hart-Scott-Rodino Antitrust Improvements Act granting early termination of the waiting period.

On June 8, Willis said it had an agreement to combine both companies. The transaction, which is expected to close in the fourth quarter of 2008, remains subject to the satisfaction of other conditions, including approval by HRH’s shareholders and other required regulatory clearances.

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