News

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 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 ...
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 (AZPN) announced that its Board of Directors received an unsolicited, non-binding proposal letter, dated November 5, 2024, from Emerson Electric Co. (EMR), to acquire all of the ...
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 ...
Shares of Aspen Technology are increasing by 5% in the pre-market trading. In the pre-market trading, Emerson Electric is 1.83% higher at $129.81 on the New York Stock Exchange.
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 ...
Aspen Technology, Inc. (NASDAQ:AZPN) (“AspenTech” or “the Company”), a global leader in industrial software, today announced that its Board of Directo ...
Industrial software company Aspen Technology is now a subsidiary of St. Louis-base Emerson Electric after their $7.2 billion deal closed.
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. ...
(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.