TOWERS WATSON SHAREHOLDER NOTICE: Faruqi & Faruqi, LLP Announces the Investigation of Towers Watson & Co. (TW) Over the Proposed Sale of the Company to Willis Group Holdings PLC
Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Towers Watson & Co.
NEW YORK, NY / ACCESSWIRE / June 30, 2015 / Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Towers Watson & Co. (“TW” or the “Company”) (NASDAQ: TW) for potential breaches of fiduciary duties in connection with the sale of the Company to Willis Group Holdings PLC for approximately $18 billion.
The Company’s stockholders will only receive 2.6490 Willis shares for each TW share common stock they own, in addition to $4.87 in cash. The total deal consideration per share would be approximately $125.13 per share of TW. However, at least on analyst has set a price target of $157.00 per share of TW. Moreover, TW’s recent trading history show that the Company has traded and does trade at higher values than the deal consideration.
Click here for more information: www.faruqilaw.com/TW. There is no cost or obligation to you.
The investigation focuses on whether TW’s Board of Directors breached their fiduciary duties to the Company’s stockholders by failing to conduct a fair sales process and whether and by how much this proposed transaction undervalues the Company to the detriment of TW’s shareholders.
Faruqi & Faruqi, LLP is a national law firm which represents investors and individuals in class action litigation. The firm is focused on providing exemplary legal services in complex litigation in the areas of securities, shareholder, antitrust and consumer litigation, throughout all phases of litigation. The firm has an experienced trial team which has achieved significant victories on behalf of the firm’s clients. To keep track of the latest securities litigation news, follow us on Twitter at www.twitter.com/MergerActivity or on Facebook at www.facebook.com/FaruqiLaw.
If you own common stock in TW and wish to obtain additional information and protect your investments free of charge, please visit us at www.faruqilaw.com/TW or contact Juan E. Monteverde, Esq. either via e-mail at jmonteverde@faruqilaw.com or by telephone at (877) 247-4292 or (212) 983-9330.
Contact:
Faruqi & Faruqi, LLP
369 Lexington Avenue, 10th Floor
New York, NY 10017
Attn: Juan E. Monteverde, Esq.
jmonteverde@faruqilaw.com
Toll Free: (877) 247-4292
Phone: (212) 983-9330
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SOURCE: Faruqi & Faruqi, LLP
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