8-KOther Events

Aon plc 8-K Report, Corporate Update (Aug 11, 2010)

Filed August 11, 2010For Securities:AON

Summary

This 8-K filing by Aon Corporation announces the date for a special meeting of its stockholders, scheduled for September 20, 2010. The primary purpose of this meeting is to vote on the issuance of Aon common stock to Hewitt Associates, Inc. stockholders as part of a previously announced merger agreement. This merger will involve a two-step process where Hewitt will merge with a subsidiary of Aon, and then the surviving entity will merge into another Aon subsidiary. Investors should note that the completion of this transaction is contingent upon several factors, including the approval of stockholders from both Aon and Hewitt, and the receipt of necessary regulatory approvals, such as under the Hart-Scott-Rodino Antitrust Improvements Act. The filing also includes a safe harbor statement outlining various risks and uncertainties that could impact future results, and provides information on how to access further details regarding the merger.

Key Highlights

  • 1Aon Corporation has set September 20, 2010, as the date for a special stockholders' meeting.
  • 2The meeting's purpose is to vote on issuing Aon common stock to Hewitt Associates, Inc. stockholders.
  • 3This issuance is part of a previously announced merger agreement between Aon and Hewitt.
  • 4The merger involves a two-step transaction where Hewitt Associates will be acquired by Aon.
  • 5Stockholder approval from both Aon and Hewitt is required for the merger to proceed.
  • 6Key closing conditions include obtaining certain regulatory approvals, including antitrust clearance.
  • 7The filing includes a forward-looking statement detailing potential risks and uncertainties associated with the transaction.

Frequently Asked Questions

The main event is Aon Corporation scheduling a special meeting of its stockholders for September 20, 2010, to vote on issuing shares of Aon common stock to Hewitt Associates, Inc. stockholders as part of a merger agreement.

The key conditions include the approval of the merger proposal by both Aon and Hewitt stockholders, as well as the receipt of various customary closing conditions, including necessary regulatory approvals such as under the Hart-Scott-Rodino Antitrust Improvements Act and approvals from foreign governmental entities.

Investors can find more detailed information by accessing Aon's and Hewitt's filings with the SEC (www.sec.gov), including the Form S-4 registration statement and the preliminary joint proxy statement/prospectus when they become available. They can also obtain copies directly from Aon or Hewitt Investor Relations departments.

The filing highlights several risks, including the possibility that expected efficiencies and cost savings may not be realized, the inability to obtain necessary governmental approvals, failure of stockholders to approve the merger, potential loss of key employees, challenges in successfully integrating the businesses, disruption to business relationships, and general economic conditions.