Towers Watson acquires Liazon for $215M Towers Watson announced that it has acquired Liazon. The acquisition, which follows the purchase of Extend Health in June 2012, solidifies Towers Watsonís strength in the private exchange market through its OneExchange solution. Going forward, Towers Watson will continue to enhance Liazonís private exchange solution and serve the needs of Liazonís leading broker, consultant and carrier partners, some of which offer the Liazon product under their own brands. The purchase price is $215M with the acquisition anticipated to be dilutive to adjusted EPS by approximately 10c-15c in FY14. There is no impact to the forecasted EBITDA margins.