Emerson, an automation technology giant, is set to acquire the remaining minority shares, representing about 43% of the company’s stock at a price of $265.00 a share, the two companies said Monday.

Investing.com -- Emerson (NYSE:EMR) and Aspen Technology, Inc. (NASDAQ:AZPN), also known as AspenTech, have announced an agreement for Emerson to acquire all remaining shares of AspenTech's common ...

In May 2022, Emerson's OSI Inc. and Geological Simulation Software (“GSS”) businesses were merged with Aspen. Emerson gave Aspen $6 billion in cash in exchange for a 55% ownership in the company.

Feb 10 (Reuters) - Emerson Electric (EMR.N) said on Monday that its $265 per-share offer to acquire Aspen Technology (AZPN.O) was its "best and final" price.

Emerson acquired a 55% position in Aspen in 2022 and until May 2024 had a standstill agreement preventing it from acquiring additional stock (it got to 57% through share repurchases by the company).

Emerson Electric Co.'s strategic acquisition of Aspen Technology drives a 'Strong Buy' rating, with a target price of $150 per share. Click for my EMR update.

Shares of Aspen Technology fell Monday after Emerson Electric said its offer price of $265 per share is its best and final. This came after activist investor Elliott Management said last week that ...

Elliott Investment Management has a $1.5 billion stake in Aspen Technology, and the activist disagrees with a tender offer from Emerson Electric.

Ferguson-based technology and engineering firm Emerson Electric said its new software subsidiary, Aspen Technology, has made its first acquisition under Emerson's majority ownership, a deal that ...

Emerson String Quartet’s live recording in Aspen in the 1990s of Shostakovich’s compositions earned them two Grammys, and they’ve also won a Grammy for their Beethoven set. Setzer describes ...

On Nov. 5, 2024, Emerson Electric (EMR), which currently owns approximately 57.4% of Aspen's outstanding shares, issued a tender offer to acquire all outstanding shares of Aspen not already owned ...