Are we seeing the return of "merger Monday"? Well, today there is a big deal: Towers, Perrin, Forster & Crosby Inc. and Watson Wyatt Worldwide Inc. (NYSE: WW) have agreed to a $3.5 billion merger (the equity will be split 50-50). The new entity will be called Towers Watson & Co.
These companies are major operators in the benefits-consulting space, which has been under pressure during the recession. So, why not strengthen things with a tie-up?



