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Towers Watson and Co Acquires Liazon To Expand Private Benefit Exchange Offerings Through Multiple Channels

Friday, 22 Nov 2013 08:00am EST 

Towers Watson and Co announced that it has acquired Liazon Corporation, a developing and delivering private benefit exchanges for active employees. The acquisition, which follows the purchase of Extend Health in June 2012, solidifies Towers Watson`s strength in the private exchange market through its OneExchange solution. The purchase price is $215 million, with the acquisition anticipated to be dilutive to adjusted EPS by approximately $0.10 to $0.15 in fiscal year 2014. There is no impact to the forecasted EBITDA margins. More information will be provided during a call for investors on November 25, 2013. 

Company Quote

0.59 +0.56%
23 Jul 2014