Willis Towers Watson should see meaningful, but limited, benefits from its merger.
Willis Towers Watson's results weren’t particularly impressive, but they were acceptable, given the amount of restructuring the company is undergoing. Revenue for the quarter was flat year over year on a pro forma basis, excluding currency effects and acquisitions. On a pro forma basis, EBITDA margins excluding one-time items improved slightly to 21.7% from 21.1%, slightly reversing some of the pro forma margin decline the company had seen earlier in the year. Overall, while top-line improvement...
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