Watson Wyatt-Towers deal gets antitrust OK

Fri Aug 7, 2009 9:34am EDT

 WASHINGTON, Aug 7 (Reuters) - Consulting firm Watson Wyatt
Worldwide Inc WW.N has received U.S. antitrust approval to
acquire rival Towers Perrin Forster & Crosby, U.S. officials
said on Friday.
Antitrust authorities completed their review of the $3.5
billion deal without taking any action to block it, the U.S.
Federal Trade Commission said in a notice.
 In June, Watson said it planned to take over Towers Perrin
to create the biggest human resources consultancy in the world.
The deal was announced as Washington lawmakers grapple with how
to rein in executive pay and improve disclosures about the
relatively small number of compensation consulting firms used
by big U.S. companies.
 (Reporting by Julie Vorman; Editing by Steve Orlofsky)
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