Aon buys Hewitt Associates to expand consulting business

07/12/2010 | USA Today

Hewitt Associates has been bought by Aon, an insurance broker, for $4.9 billion in cash and stock. The move -- expected to be completed in mid-November -- is to expand Aon's consulting business. The merger of Hewitt's business with Aon's current consulting and outsourcing business will create a new unit called Aon Hewitt.

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