Monday, July 12, 2010

The Modern Economy

That sounded like a lot of money for companies I had never heard of.
Hewitt Associates will merge with a subsidiary of Aon, the company announced Monday, and shareholders will receive some $4.9 billion for their trouble.

And what do they do?
Hewitt currently operates in over 30 countries, employing more than 23,000 associates representing roughly 3,000 clients. Aon totes itself on its website as the “leading global provider of risk management services, insurance and reinsurance brokerage, and human capital consulting” with 36,000 associates in offices across 120 countries.

Um, what do they do?