Aon, Willis $30B Merger Turns Bust After DOJ Objections

P.M. Edition for July 26. Insurance brokerage firms Aon and Willis Towers Watson decided to scrap their $30 billion merger plans today. The move comes after the Justice Department filed an antitrust suit opposing the deal, the first big test of the Biden administration's more muscular antitrust policy. Europe finance editor Alex Frangos discusses what this could mean for the future of mergers with host Charlie Turner. Learn more about your ad choices. Visit megaphone.fm/adchoices