NU Online News Service, Sept. 21, 12:00 p.m. EDT

Chicago-based insurance broker Aon said its stockholders approved a deal to purchase Hewitt Associates Inc. at a special meeting yesterday. The firm said stockholders of Hewitt approved the deal earlier in the day.

Aon announced plans to acquire Hewitt, the Lincolnshire, Ill.-based human resource and outsourcing firm, back in July (http://www.property-casualty.com/Issues/2010/July-19-2010/Pages/Aon-To-Buy-Hewitt-Associates-For-49-Billion.aspx?k=Hewitt) , for about $4.9 billion in stock and cash. The deal consists of a 50-50 split in stock and cash.

Recommended For You

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.