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Shares of Emerson (EMR) and Aspen Technology Inc. (AZPN) traded in the green on Monday after Emerson said it will acquire all outstanding shares of common stock of Aspen not already owned by it ...
Emerson Electric EMR 1.12 % increase; green up pointing triangle has agreed to acquire the remaining stock of Aspen Technology valuing the software company’s remaining stake at $7.2 billion.
Emerson Electric has agreed to acquire the remaining 43% of Aspen Technology it does not already own, in a $7.2 billion deal announced Monday.The transaction values Aspen’s fully diluted market ...
Aspen Technology, Inc. AZPN has announced a definitive agreement with Emerson Electric Co. EMR. Per the deal, EMR will acquire all remaining outstanding shares of Aspen’s common stock that it ...
Emerson Electric, the St. Louis-based industrial technology and software company, has reached a $7 billion deal to buy the rest of industrial software company Aspen Technology Inc. that it doesn't ...
Investing.com -- Emerson (NYSE: EMR) Electric confirmed on Monday its "best and final" offer of $265 per share to acquire Aspen Technology (NASDAQ: AZPN).This confirmation comes after activist ...
Emerson’s proposed $240 per share in cash to acquire all outstanding shares of AspenTech common stock not already owned represents a multiple of 29x consensus estimates for AspenTech’s fiscal ...
Elliott Investment Management has a $1.5 billion stake in Aspen Technology, and the activist disagrees with a tender offer from Emerson Electric.
Feb 10 (Reuters) - Emerson Electric , opens new tab said on Monday that its $265 per-share offer to acquire Aspen Technology , opens new tab was its "best and final" price.
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.
Elliott Investment Management has a $1.5 billion stake in Aspen Technology, and the activist disagrees with a tender offer from Emerson Electric.