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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.
Aspen Technology, Inc. (NASDAQ:AZPN) shares are trading higher premarket on Monday after the company inked a deal to be acquired by Emerson Electric Company (NYSE:EMR) in an all-cash tender offer ...
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 ...
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 ...
Industrial software company Aspen Technology is now a subsidiary of St. Louis-base Emerson Electric after their $7.2 billion deal closed.
Emerson Electric (NYSE:EMR) completed its acquisition of Aspen Technology (NASDAQ:AZPN) shares that it didn't already own. With the completion of the purchase, AspenTech is now a wholly owned unit ...
Aspen Technology shares were up more than 3% Monday morning to a record $263.64 and have risen about 30% in the last year. Shares of Emerson Electric dropped about 1.5% on the news, but they ...
The activist investor plans to oppose the terms of Emerson Electric Co. ’s latest offer to buy the shares in Aspen Tech that it doesn’t already own for $265 apiece in cash, according to the ...
(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 Company to acquire Aspen Technology shares not already owned by them in a $7.2 billion deal, valuing shares at $265 each. Deal expected to close in 2025.
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