SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported): April 24, 2003
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NORTHERN TRUST CORPORATION
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(Exact name of registrant as specified in its charter)
Delaware 0-5965 36-2723087
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(State or other jurisdiction (Commission File (I.R.S. Employer
of incorporation) Number) Identification No.)
50 South LaSalle Street, Chicago, Illinois 60675
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (312) 630-6000
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ITEM 5. OTHER EVENTS AND REQUIRED FD DISCLOSURE.
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In a joint news release dated April 24, 2003, Northern Trust
Corporation and Hewitt Associates, a global HR outsourcing and
consulting firm, announced that they have executed a letter of intent
for Hewitt to acquire substantially all of the assets of Northern
Trust Retirement Consulting, L.L.C., Northern Trust's retirement
consulting and administration business. The proposed sale is subject
to execution of a definitive agreement and to customary conditions.
The transaction is expected to close on or about June 2, 2003. Hewitt
and Northern Trust have also agreed to work together as preferred
providers in each firm's core area of expertise.
A copy of the joint news release is filed as Exhibit 99 to this
Current Report and is incorporated herein by reference.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND
EXHIBITS.
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(c) Exhibits
Exhibit
Number Description of Exhibit
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99 Joint News Release dated April 24, 2003 issued by
Hewitt Associates and Northern Trust Corporation.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of
1934, as amended, the registrant has duly caused this report to be
signed on its behalf by the undersigned hereunto duly authorized.
NORTHERN TRUST CORPORATION
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(Registrant)
Date: April 24, 2003 By: /s/ Perry R. Pero
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Name: Perry R. Pero
Title: Vice Chairman and
Chief Financial Officer
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EXHIBIT INDEX
Exhibit
Number Description of Exhibit
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99 Joint News Release dated April 24, 2003
issued by Hewitt Associates and Northern
Trust Corporation.
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