Aon volatility flat into $4.9B purchase of Hewitt Associates – Video news
Video Tuesday, July 13th, 2010Aon Corporation (AON) will purchase Hewitt Associates (HEW) for $50 per HEW share or approximately $4.9B, consisting of 50% cash and 50% Aon stock. Aon expects the transaction to be significantly accretive to cash earnings in 2011. Aon overall option implied volatility of 23 is near its 26-week average of 21 according to Track Data, [...]