NEW YORK, July 1, 2015 /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Towers Watson & Co. ("TW" or the "Company") (NASDAQ: TW) for potential breaches of fiduciary duties in connection with the sale of the Company to Willis Group Holdings PLC for approximately $18 billion.
In addition to $4.87 in cash, the Company's stockholders will only receive 2.6490 Willis shares for each TW share common stock they own. The total deal consideration per share would be approximately $125.13 per share of TW. However, at least one analyst has set a price target of $157.00 per share of TW. Moreover, TW's recent trading history show that the Company has traded and does trade at higher values than the deal consideration.
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The investigation focuses on whether TW's Board of Directors breached their fiduciary duties to the Company's stockholders by failing to conduct a fair sales process and whether and by how much this proposed transaction undervalues the Company to the detriment of TW's shareholders.
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If you own common stock in TW and wish to obtain additional information and protect your investments free of charge, please visit us at www.faruqilaw.com/TW or contact Juan E. Monteverde, Esq. either via e-mail at email@example.com or by telephone at (877) 247-4292 or (212) 983-9330.
Faruqi & Faruqi, LLP
369 Lexington Avenue, 10th Floor
New York, NY 10017
Attn: Juan E. Monteverde, Esq.
Toll Free: (877) 247-4292
Phone: (212) 983-9330
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