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Activist investor Elliott Investment Management said on Friday it doesn’t agree with the price offered by Emerson Electric to acquire Aspen Technology, Inc. and considers it highly opportunistic.
Shares of Aspen Technology Inc (AZPN) traded over 2% lower in Monday’s pre-market session after Emerson Electric Co (EMR) said the $265 per share price for acquiring all outstanding shares of ...
Emerson Electric (NYSE:EMR) agreed to buy the shares of Aspen Technology (NASDAQ:AZPN) it didn’t own in a deal that values the software company’s remaining stake at $7.2 billion.
(Bloomberg) -- Emerson Electric is in talks over a combination with Bedford-based Aspen Technology to create an industrial software giant, according to people with knowledge of the matter. Emerson ...
ST. LOUIS — Emerson Electric Co., the Ferguson-based technology and engineering company, is in discussions about merging its software assets with industrial software company Aspen Technology Inc ...
Oct 6 (Reuters) - Manufacturing giant Emerson Electric Co (EMR.N), opens new tab is in talks to merge its software assets with industrial software company Aspen Technology Inc (AZPN.O), opens new ...
Aspen Technology, Inc. AZPN has announced a definitive agreement with Emerson Electric Co. EMR.Per the deal, EMR will acquire all remaining outstanding shares of Aspen’s common stock that it ...
Summary. I reiterate a “Strong Buy” rating on Emerson Electric Co. with a one-year target price of $150 per share, driven by its strategic acquisition of Aspen Technology, Inc.
(Reuters) - Emerson Electric said on Monday that its $265 per-share offer to acquire Aspen Technology was its "best and final" price. The announcement comes days after activist investor Elliott ...
Emerson Electric to acquire remaining Aspen Technology shares for $7.2 billion. Open in App ...
Aspen Technology's (AZPN) recent completion of a merger agreement with Emerson Electric (EMR) is driving investor optimism surrounding its growth prospects. So, let's evaluate if it's worth ...
(Reuters) – Manufacturing giant Emerson Electric Co is in talks to merge its software assets with industrial software company Aspen Technology Inc, Bloomberg News reported on Wednesday, citing ...