Hilb Rogal & Hobbs Company declared a quarterly dividend payment of 14 cents per share payable on Sept. 29 to shareholders of record as of Sept. 12.

However, the payment will be made only if the $2.1 billion acquisition of the Richmond, Va.-based broker by Willis is not completed by Sept. 29.

HRH agreed to be acquired by Willis Group Holdings Limited last month. The firm is scheduled to release its second-quarter results later his month.

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