NU Online News Service, June 29, 2:54 p.m.EDT
The $3.5 billion stock merger deal announced yesterday betweenconsulting giants Towers, Perrin, Forster & Crosby Inc. andWatson Wyatt Worldwide Inc. was followed by a drop in Watson Wyattstock price today.
In early trading on the New York Stock Exchange, Watson Wyatt,which closed Friday at $41.18, was down more than $3 per share, anda smaller global competitor, EMB, said changes involved in theconsolidation should work to its advantage.
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