BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.

To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.

To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.

Login Register Subscribe

Towers Watson doubles special dividend to $10

Towers Watson doubles special dividend to $10

(Reuters) — Financial services provider Towers Watson & Co. more than doubled its special dividend after shareholders rejected its $18 billion merger with insurance broker Willis Group Holdings P.L.C.

Towers Watson said it would raise the one-time cash dividend to $10 per share from $4.87.

Willis was considering raising its offer for Towers Watson, Reuters reported on Wednesday, citing a person with knowledge of the matter.

The increased offer would come in the form of a larger special dividend for shareholders of Towers Watson, the person said, who spoke on condition of anonymity.

Read Next