The European Commission Monday extended the deadline for a probe of a merger between the two largest human-resources consulting firms in the U.S., Towers Perrin Forster & Crosby Inc. and Watson Wyatt Worldwide Inc. (WW), to Dec. 3.

The commission will use the extra time to study commitments offered to alleviate competition concerns. The commission wouldn't specify what commitments had been offered, but these often include divestments in areas of high market concentration.

The combined company, to be called Towers Watson & Co., would have annual sales of about $3.2 billion with 14,000 employees, and would be publicly listed.

-By Alessandro Torello, Dow Jones Newswires; +32 2 741 14 88; alessandro.torello@dowjones.com

 
 
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