News

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. (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. (NASDAQ: AZPN), a technology company with a market capitalization of $16.73 billion and strong financial health according to InvestingPro metrics, has officially become a wholly ...
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.
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 ...
Loop Capital upgraded Aspen Technology (AZPN, Financials) to a buy rating, citing expectations of a higher takeover bid from Emerson Electric amid pressure from activist investor Elliott ...
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 ...
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.
Aspen Technology, Inc. AZPN shares are trading higher premarket on Monday after the company inked a deal to be acquired by Emerson Electric Company EMR in an all-cash tender offer for $265 per share.
Emerson Electric’s acquisition deal, valued at $7.2 billion, will result in Emerson owning 100% of Aspen’s shares, solidifying its position in the automation technology sector.