Kendall Law Group Investigates Hewitt Associates, Inc. Merger for Shareholders

Kendall Law Group, a national securities firm led by a former federal judge and a former U.S. Attorney, is investigating Hewitt Associates, Inc. (NYSE: HEW) for shareholders in connection with the proposed merger with Aon Corporation. The firm’s investigation seeks to determine whether Hewitt and its Board breached their fiduciary duties by entering into the agreement without properly shopping for a deal that would provide better value for shareholders. If you are a Hewitt shareholder and would like additional information about your rights, contact the Kendall Law Group at 877-744-3728 or by email at skendall@kendalllawgroup.com.

On July 12, 2010, the companies announced that they had entered into an agreement for Hewitt to be acquired by Aon in a transaction valued at approximately $4.9 billion. Under the terms of the agreement, Hewitt shareholders will receive $25.61 in cash and 0.6362 shares of Aon common stock for each share of Hewitt common stock held. According to Thompson/First Call, at least one analyst has set a price target of $55 per share. Following the news of the planned acquisition, Moody's Investors Service lowered the ratings outlook for Aon to “negative” from “stable.”

Kendall Law Group was founded by a former federal judge, includes a former United States Attorney, prosecutors and securities lawyers who are experienced in complex securities litigation. The firm has been counsel in numerous merger and acquisition cases nationwide, including some of the largest transactions in the United States.

Hewitt Assoc A (NYSE:HEW)
Historical Stock Chart
From Sep 2024 to Oct 2024