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.

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.

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 ...

Aziz Shamuratov. 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 ...

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 ...

Aspen Technology, Inc. (NASDAQ:AZPN) (“AspenTech” or “the Company”), a global leader in industrial software, today announced that its Board of Directo ...

Emerson Electric reported strong Q4 FY24 results, ... Emerson proposed acquiring all remaining shares of Aspen Technology, Inc. AZPN for an enterprise value of $15.1 billion.

Aspen Technology (AZPN) announced that its Board of Directors has formed a special committee composed of three independent directors to consider the non-binding proposal from Emerson Electric (EMR ...

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 ...

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 ...

Aspen Technology, Inc., a global leader in industrial software, today announced that its Board of Directors received an unsolicited, non-binding proposal letter, dated November 5, 2024, from ...