News

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.
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 ...
(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 ...
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 ...
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 ...
Emerson Electric's Q4 sales rose 13% to $4.62B, surpassing expectations; adjusted EPS was $1.48, up 15% year-over-year. FY25 outlook includes net sales growth of 3.5%-5.5% and adjusted EPS of $5. ...
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.
(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 ...
Feb 10 (Reuters) - Emerson Electric (EMR.N), opens new tab said on Monday that its $265 per-share offer to acquire Aspen Technology (AZPN.O), opens new tab was its "best and final" price. The ...
Aspen Tech rose as much as 4.5% Friday to more than $277 a share, higher than Emerson’s current offer of $265 apiece, as activist Elliott confirmed a more than 9% stake in the industrial ...
(Reuters) -Emerson Electric on Tuesday proposed to buy the rest of AspenTech that it does not own at a valuation of $15.1 billion, as the company looks to sharpen its focus on industrial automation.