Senior Judge Reggie Walton, who joined the U.S. District Court for the District of Columbia in 2001, will hear the Justice Department’s lawsuit aimed at stopping insurance broker Aon’s $30 billion acquisition of Willis Towers Watson. The U.S. Justice Department filed a lawsuit on Wednesday in hopes of blocking the deal, arguing that it would… Continue reading Bush-Nominated Judge to Hear U.S. Fight to Stop Aon-Willis Towers Watson Deal
Tag: acquisition suit
Aon and Willis Towers Watson Issue Statement on DOJ Action
Aon plc and Willis Towers Watson shared the following statement today in response to the legal action taken by the U.S. Department of Justice: “We disagree with the U.S. Department of Justice’s action, which reflects a lack of understanding of our business, the clients we serve and the marketplaces in which we operate. Aon and… Continue reading Aon and Willis Towers Watson Issue Statement on DOJ Action
DOJ Challenges Willis Towers Watson-Aon Deal with Anti-Trust Lawsuit
Today the Justice Department (DOJ) filed an antitrust lawsuit challenging insurance broker Aon PLC’s proposed $35 billion acquisition of rival Willis Towers Watson PLC, alleging the tie-up would lead to higher prices and reduced innovation for U.S. businesses, employers and unions that rely on their services. The department, which filed the case in a Washington… Continue reading DOJ Challenges Willis Towers Watson-Aon Deal with Anti-Trust Lawsuit