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Aon Commences Tender Offer for Alexander & Alexander.


CHICAGO--(BUSINESS WIRE)--Dec. 16, 1996--Aon Corporation (Aon) announced that a wholly-owned subsidiary of Aon has commenced its previously announced tender offer for shares of Common Stock, par value $1.00 per share, of Alexander & Alexander Services Inc. at $17.50 per share, net to the seller in cash. The tender offer is being made pursuant to an Agreement and Plan of Merger, dated as of December 11, 1996. The tender offer is scheduled to expire on Tuesday, January 14,1997.

First Chicago Trust Company of New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 is the depositary DEPOSITARY, contracts. He with whom a deposit is confided or made.
     2. It is, the essence of the contract of deposits that it should be gratuitous on the part 'of the depositary. 9 M. R. 470.
 for the tender offer. Georgeson & Company Inc. is the information agent. The dealer manager is Lazard Freres & Co. LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
.

Aon Corporation is an insurance services holding company that comprises a family of insurance brokerage, consulting and consumer insurance companies. Aon's common stock (Symbol AOC AOC,
n an acronym for the Aromatherapy Organizations Council.
) is listed on the New York, Chicago and London Stock Exchanges London Stock Exchange

London marketplace for securities. It was formed in 1773 by a group of stockbrokers who had been doing business informally in local coffeehouses.
.

CONTACT: Aon Corporation, Chicago

William Fasel, 312/701-3983
COPYRIGHT 1996 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1996, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Dec 16, 1996
Words:154
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