Towers, Perrin, Forster & Crosby, Inc. and Watson Wyatt Worldwide, Inc. (WW) said that at their respective special meetings of shareholders, their shareholders adopted the merger agreement pursuant to which the companies would combine their businesses. Approximately 97% of the shares of Towers Perrin common stock issued and outstanding as of November 2, 2009, the record date for Towers Perrin's special meeting, were voted in favor of adoption of the merger agreement.
In addition, Watson Wyatt shareholders approved the combined company's long term incentive plan. Approximately 99% of the shares of Watson Wyatt Class A common stock present and entitled to be cast on November 3, 2009, the record date for Watson Wyatt's special meeting, were voted in favor of adopting the merger agreement, and approximately 85% were voted in favor of the long term incentive plan. The Parties currently anticipate that the merger would become effective on January 1, 2010.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.