8-KShareholder MattersOther EventsExhibits & Filings

Aon plc 8-K Report, Shareholder Vote Results (Sep 20, 2010)

Filed September 20, 2010For Securities:AON

Summary

This 8-K filing from Aon Corporation, dated September 20, 2010, reports the outcome of a special meeting of Aon's stockholders held on the same day. The primary purpose of this meeting was to vote on the approval of the issuance of Aon common stock as part of the acquisition of Hewitt Associates, Inc. The filing confirms that Aon's stockholders overwhelmingly approved this share issuance, with nearly 200 million votes in favor. Additionally, Hewitt's stockholders also approved the merger agreement at their separate meeting on the same date, indicating significant progress towards the completion of this strategic acquisition. The approval by both sets of stockholders is a crucial step in the integration process, moving Aon closer to realizing the expected benefits of acquiring Hewitt. However, the filing also notes that the closing of the transaction remains subject to the satisfaction or waiver of certain other closing conditions, including obtaining necessary foreign governmental approvals and other customary conditions. Investors should view this development positively as it overcomes a major hurdle, but remain aware that further conditions must be met before the merger is finalized.

Key Highlights

  • 1Aon Corporation's stockholders overwhelmingly approved the issuance of Aon common stock for the acquisition of Hewitt Associates, Inc.
  • 2Hewitt Associates, Inc.'s stockholders also voted to approve the merger agreement.
  • 3The approvals signify a critical milestone towards the completion of the proposed acquisition.
  • 4The transaction closing is still contingent on satisfying other closing conditions, including foreign governmental approvals.
  • 5The filing provides detailed voting results for the share issuance proposal, showing strong shareholder support.

Frequently Asked Questions

The main purpose of the special stockholder meeting was for Aon Corporation's stockholders to vote on the approval of issuing Aon common stock to Hewitt Associates, Inc. stockholders as part of the agreement and plan of merger.

Yes, Aon's stockholders approved the share issuance necessary for the merger, and Hewitt's stockholders voted to adopt the Merger Agreement at their respective special meetings held on September 20, 2010.

Yes, the closing of the transaction remains subject to the fulfillment or waiver of certain conditions, including the receipt of certain approvals from foreign governmental entities and other customary closing conditions.

The proposal to approve the share issuance received 199,345,842 votes in favor, 25,043,621 votes against, and 2,977,458 abstentions. There were no broker non-votes recorded for this proposal.