NEW YORK (AP) — Business services company Towers Watson & Co. said Tuesday it acquired WellsCanning, an investment advisory firm specializing in the insurance industry.
The companies did not disclose terms of the deal. Towers Watson said the principals and consulting staff of WellsCanning, which is based in Valhalla, N.Y., are joining Towers Watson's investment business in New York.
Shares of Towers Watson slipped 13 cents to $59.71 in morning trading.
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