Aspen Technology gains

Elliott Builds $1.5 Billion Stake in Aspen, Opposes Emerson Deal
Elliott argues that Emerson's per-share offer of $265 for Aspen undervalues the company, adding that it will not tender its shares at the current price. Aspen's shares rose about 3%, while those of Emerson fell 2%.
Aspen Tech Investor Elliott Opposes Emerson’s Terms
Elliott Investment Management has emerged as the largest minority investor in industrial-software company Aspen Technology Inc., with a position worth more than $1.5 billion, people with knowledge of the matter said.
Aspen Technology gains as Elliott opposes terms of Emerson's takeover (update)
Adds Elliott confirmation, statement. Aspen Technology (NASDAQ:AZPN) rose 4% in premarket trading as Elliott Investment Management confirmed it has a large stake in the industrial software company and is opposed to the terms of Emerson Electric's (EMR) $265 a share takeover.
Elliott says Emerson’s offer for Aspen Technology ‘highly opportunistic’
Elliott Investment Management, which manages funds that together have an investment of more than $1.5B in Aspen Technology (AZPN), issued the
Emerson Electric To Buy Out AspenTech Minority Stake In $7.2 Billion Cash Deal
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 for $265 per share.
Elliott discloses $1.5 billion stake in Aspen, pushes against merger with Emerson
Activist investor Elliott Management said on Friday it has invested more than $1.5 billion in Aspen Technology, opposing the company's decision to accept Emerson Electric's tender offer. Aspen's shares rose 4% in premarket trading.
Elliott challenges Emerson's bid for AspenTech at $265 a share
WEST PALM BEACH - Elliott Investment Management L.P., managing funds worth over $1.5 billion in Aspen Technology, Inc. (NASDAQ: NASDAQ:AZPN), today expressed its opposition to the tender offer made by Emerson Electric Co.
Aspen Technology (NASDAQ:AZPN) Downgraded by Loop Capital to “Hold”
Loop Capital cut shares of Aspen Technology (NASDAQ:AZPN – Free Report) from a buy rating to a hold rating in a report published on Wednesday morning, MarketBeat.com reports. Loop Capital currently ...
Bloomberg L.P.13d
Emerson Buys Rest of AspenTech at $17 Billion Valuation
Emerson Electric Co. agreed to buy the rest of Aspen Technology that it doesn’t already own in a deal that values the ...
Nasdaq5d
ASPEN TECHNOLOGY Earnings Results: $AZPN Reports Quarterly Earnings
ASPEN TECHNOLOGY ($AZPN) posted quarterly earnings results on Tuesday, February 4th. The company reported earnings of $2.06 per share, beating estimates of $1.90 by ...
Aspen Technology (NASDAQ:AZPN) Given Neutral Rating at Robert W. Baird
Aspen Technology (NASDAQ:AZPN – Get Free Report)‘s stock had its “neutral” rating restated by analysts at Robert W. Baird in ...
Aspen Technology: Fiscal Q2 Earnings Snapshot
BEDFORD, Mass. (AP) — BEDFORD, Mass. (AP) — Aspen Technology, Inc. (AZPN) on Tuesday reported fiscal second-quarter net income of $20.3 million, after reporting a loss in the same period a year ...
Yahoo Finance5d
Aspen Technology (AZPN) Q2 Earnings and Revenues Top Estimates
Aspen Technology (AZPN) came out with quarterly earnings of $2.06 per share, beating the Zacks Consensus Estimate of $1.85 per share. This compares to earnings of $1.37 per share a year ago.
Key deals this week: Bank of America, Aspen Technology, Verily, Paysafe and more
Conduent (NASDAQ:CNDT) soared 15% on a report that the company is exploring a sale after getting takeover interest. Bank of America (NYSE:BAC) has agreed to buy a $9B portfolio of residential mortgage ...